Org.nr 915 514 219 2019 → 2020 Year-over-year analysis

ABELI ENERGI AS: årsregnskap 2020 vs 2019

Returned to profit

approved 2021-02-28; registry 2021-03-11; journal 2021 143209

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ABELI ENERGI AS. Net result -69.9k NOK → +89.7k NOK. Equity 750.0k NOK → 839.7k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABELI ENERGI AS.

Scorecard

Revenue
n/m 354.4k NOK
—
Operating result
-70.0k NOK +115.0k NOK
+264.3%
Net result
-69.9k NOK +89.7k NOK
+228.4%
Equity
750.0k NOK 839.7k NOK
+12.0%
Cash
68.6k NOK 126.6k NOK
+84.4%
Total assets
888.5k NOK 79.8k NOK
-91.0%

What improved

  • ↑

    Operating result improved

    Operating result -70.0k NOK → +115.0k NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 69.9k NOK to a profit of 89.7k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 750.0k NOK → 839.7k NOK (equity ratio 84.4% → 1052.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 68.6k NOK → 126.6k NOK (+84.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 665 NOK → 6 148 NOK. Calculated