FirmaIQ
Org.nr 984 941 293 2019 → 2020 Year-over-year analysis

ABELCO AS: årsregnskap 2020 vs 2019

Shrank 26% on revenue, weaker earnings

approved 2021-08-31; registry 2021-10-02; journal 2021 841810

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABELCO AS. Revenue 345.0k NOK → 257.0k NOK (-25.5%). Net result +73.4k NOK → +33.2k NOK. Equity 1.45m NOK → 1.49m NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
345.0k NOK 257.0k NOK
-25.5%
Operating result
+132.7k NOK +67.3k NOK
-49.3%
Net result
+73.4k NOK +33.2k NOK
-54.7%
Equity
1.45m NOK 1.49m NOK
+2.3%
Cash
38.1k NOK 59.2k NOK
+55.3%
Total assets
2.41m NOK 2.37m NOK
-1.6%

What improved

  • ↑

    Equity strengthened

    Book equity 1.45m NOK → 1.49m NOK (equity ratio 60.3% → 62.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 38.1k NOK → 59.2k NOK (+55.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 345.0k NOK to 257.0k NOK (-25.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +132.7k NOK → +67.3k NOK (op. margin 38.5% → 26.2%). Calculated

  • ↓

    Net result weakened

    Net result +73.4k NOK → +33.2k NOK (net margin 21.3% → 12.9%). Calculated