FirmaIQ
Org.nr 992 053 461 2019 → 2020 Year-over-year analysis

ABEL MEYERSGATE 3 AS: årsregnskap 2020 vs 2019

Stronger earnings

registry 2021-09-25; journal 2021 737593

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABEL MEYERSGATE 3 AS. Revenue 608.9k NOK → 578.7k NOK (-5.0%). Net result +97.3k NOK → +124.5k NOK. Equity 284.1k NOK → 408.6k NOK.

On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
608.9k NOK 578.7k NOK
-5.0%
Operating result
+203.4k NOK +190.1k NOK
-6.5%
Net result
+97.3k NOK +124.5k NOK
+28.0%
Equity
284.1k NOK 408.6k NOK
+43.8%
Cash
286.7k NOK 170.7k NOK
-40.5%
Total assets
3.69m NOK 3.57m NOK
-3.1%

What improved

  • ↑

    Net result improved

    Net result +97.3k NOK → +124.5k NOK (net margin 16.0% → 21.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 284.1k NOK → 408.6k NOK (equity ratio 7.7% → 11.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 608.9k NOK to 578.7k NOK (-5.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +203.4k NOK → +190.1k NOK (op. margin 33.4% → 32.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 286.7k NOK → 170.7k NOK (-40.5% YoY). Calculated