ABEL BB AS: årsregnskap 2020 vs 2019
Grew 11% on revenue, weaker earnings
approved 2021-07-20; registry 2021-08-12; journal 2021 627600
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABEL BB AS. Revenue 187.1k NOK → 207.7k NOK (+11.0%). Net result +150.9k NOK → +48.0k NOK. Equity 17.0k NOK → 65.0k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 187.1k NOK to 207.7k NOK (+11.0% YoY). Calculated
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↑
Operating result improved
Operating result -150.9k NOK → +48.0k NOK (op. margin -80.7% → 23.1%). Calculated
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↑
Equity strengthened
Book equity 17.0k NOK → 65.0k NOK (equity ratio 19.2% → 63.4%). Calculated
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↑
Cash rose
Bank deposits 77.2k NOK → 90.3k NOK (+17.0% YoY). Calculated
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↑
Payroll decreased
Salary cost 231.4k NOK → 115.7k NOK (124% → 56% of revenue). Calculated
What deteriorated
-
↓
Net result weakened
Net result +150.9k NOK → +48.0k NOK (net margin 80.6% → 23.1%). Calculated