FirmaIQ
Org.nr 984 907 540 2019 → 2020 Year-over-year analysis

ABELS GATE AS: årsregnskap 2020 vs 2019

Grew 6% on revenue, weaker earnings

approved 2021-02-12; registry 2021-03-15; journal 2021 145536

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABELS GATE AS. Revenue 736.7k NOK → 778.8k NOK (+5.7%). Net result +259.7k NOK → +174.5k NOK. Equity 2.27m NOK → 6.44m NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
736.7k NOK 778.8k NOK
+5.7%
Operating result
+410.8k NOK +288.8k NOK
-29.7%
Net result
+259.7k NOK +174.5k NOK
-32.8%
Equity
2.27m NOK 6.44m NOK
+184.2%
Cash
468.5k NOK 586.5k NOK
+25.2%
Total assets
3.33m NOK 3.36m NOK
+0.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 736.7k NOK to 778.8k NOK (+5.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 2.27m NOK → 6.44m NOK (equity ratio 68.0% → 191.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 468.5k NOK → 586.5k NOK (+25.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +410.8k NOK → +288.8k NOK (op. margin 55.8% → 37.1%). Calculated

  • ↓

    Net result weakened

    Net result +259.7k NOK → +174.5k NOK (net margin 35.2% → 22.4%). Calculated