ABELLO AS: årsregnskap 2020 vs 2019
Grew 41% on revenue, returned to profit
approved 2021-12-20; registry 2021-12-27; journal 2021 904223
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABELLO AS. Revenue 2.24m NOK → 3.17m NOK (+41.5%). Net result -223.5k NOK → +95.8k NOK. Equity -2 984 NOK → 192.6k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ABELLO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.24m NOK to 3.17m NOK (+41.5% YoY). Calculated
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Operating result improved
Operating result -249.1k NOK → -40.1k NOK (op. margin -11.1% → -1.3%). Calculated
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Turned profitable
Net result flipped from a loss of 223.5k NOK to a profit of 95.8k NOK. Calculated
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Equity strengthened
Book equity -2 984 NOK → 192.6k NOK (equity ratio -0.4% → 26.1%). Calculated
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Cash rose
Bank deposits 60.2k NOK → 541.0k NOK (+798.7% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 69.1k NOK → 1.61m NOK (+2224.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 116.9k NOK → 573.6k NOK. Reported fact