ABELONE.NO AS: årsregnskap 2020 vs 2019
Shrank 8% on revenue, stronger earnings
approved 2021-05-31; registry 2021-06-03; journal 2021 384438
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABELONE.NO AS. Revenue 737.2k NOK → 675.1k NOK (-8.4%). Net result +36.0k NOK → +189.1k NOK.
On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABELONE.NO AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +35.7k NOK → +188.6k NOK (op. margin 4.8% → 27.9%). Calculated
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Net result improved
Net result +36.0k NOK → +189.1k NOK (net margin 4.9% → 28.0%). Calculated
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Payroll decreased
Salary cost 3.11m NOK → 2 NOK (422% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 737.2k NOK to 675.1k NOK (-8.4% YoY). Calculated
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↓
Cash fell
Bank deposits 15.2k NOK → 13.6k NOK (-10.4% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 233.8k NOK → 108.9k NOK (-53.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 4 806 NOK → 16.5k NOK. Reported fact