FirmaIQ
Org.nr 991 997 075 2019 → 2020 Year-over-year analysis

ABENE AS: årsregnskap 2020 vs 2019

Shrank 23% on revenue, stronger earnings

approved 2021-02-25; registry 2021-04-28; journal 2021 210404

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABENE AS. Revenue 4.23m NOK → 3.27m NOK (-22.7%). Net result +1.23m NOK → +7.97m NOK. Equity 2.15m NOK → 2.82m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
4.23m NOK 3.27m NOK
-22.7%
Operating result
+1.60m NOK +1.25m NOK
-22.0%
Net result
+1.23m NOK +7.97m NOK
+548.8%
Equity
2.15m NOK 2.82m NOK
+31.1%
Cash
5.29m NOK 5.92m NOK
+11.9%
Total assets
5.98m NOK 6.59m NOK
+10.2%

What improved

  • ↑

    Net result improved

    Net result +1.23m NOK → +7.97m NOK (net margin 29.0% → 243.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.15m NOK → 2.82m NOK (equity ratio 35.9% → 42.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 5.29m NOK → 5.92m NOK (+11.9% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.30m NOK → 1.83m NOK (54% → 56% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.23m NOK to 3.27m NOK (-22.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.60m NOK → +1.25m NOK (op. margin 37.7% → 38.1%). Calculated