FirmaIQ
Org.nr 857 041 712 2019 → 2020 Year-over-year analysis

ABEL CONSULT AS: årsregnskap 2020 vs 2019

Grew 163% on revenue, returned to profit

approved 2021-06-30; registry 2021-09-23; journal 2021 788637

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABEL CONSULT AS. Revenue 140.4k NOK → 368.5k NOK (+162.6%). Net result -6 863 NOK → +178.3k NOK. Equity 318.3k NOK → 396.6k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
140.4k NOK 368.5k NOK
+162.6%
Operating result
-6 972 NOK +226.4k NOK
+3346.7%
Net result
-6 863 NOK +178.3k NOK
+2698.6%
Equity
318.3k NOK 396.6k NOK
+24.6%
Cash
116.5k NOK 232.6k NOK
+99.7%
Total assets
626.3k NOK 742.4k NOK
+18.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 140.4k NOK to 368.5k NOK (+162.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -6 972 NOK → +226.4k NOK (op. margin -5.0% → 61.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 6 863 NOK to a profit of 178.3k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 318.3k NOK → 396.6k NOK (equity ratio 50.8% → 53.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 116.5k NOK → 232.6k NOK (+99.7% YoY). Calculated