FirmaIQ
Org.nr 991 847 073 2019 → 2020 Year-over-year analysis

ABES TRAFIKKSKOLE AS: årsregnskap 2020 vs 2019

Shrank 10% on revenue, slipped into loss

approved 2021-08-23; registry 2021-10-12; journal 2021 800424

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABES TRAFIKKSKOLE AS. Revenue 12.42m NOK → 11.13m NOK (-10.4%). Net result +481.7k NOK → -203.3k NOK. Equity 94.5k NOK → 891.1k NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
12.42m NOK 11.13m NOK
-10.4%
Operating result
+703.0k NOK -165.8k NOK
-123.6%
Net result
+481.7k NOK -203.3k NOK
-142.2%
Equity
94.5k NOK 891.1k NOK
+843.4%
Cash
1.32m NOK 1.66m NOK
+26.1%
Total assets
5.11m NOK 4.94m NOK
-3.2%

What improved

  • ↑

    Equity strengthened

    Book equity 94.5k NOK → 891.1k NOK (equity ratio 1.8% → 18.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.32m NOK → 1.66m NOK (+26.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 6.95m NOK → 6.25m NOK (56% → 56% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 12.42m NOK to 11.13m NOK (-10.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +703.0k NOK → -165.8k NOK (op. margin 5.7% → -1.5%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 481.7k NOK profit to a loss of 203.3k NOK. Calculated

  • ↓

    COGS moved

    COGS / varekostnad 499.6k NOK → 597.3k NOK (+19.6% YoY). Calculated