FirmaIQ
Org.nr 942 988 419 2019 → 2020 Year-over-year analysis

ABICON AS: årsregnskap 2020 vs 2019

Grew 12% on revenue

approved 2021-08-31; registry 2021-10-18; journal 2021 829380

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABICON AS. Revenue 550.1k NOK → 616.8k NOK (+12.1%). Net result +120.6k NOK → +140.9k NOK. Equity 4.28m NOK → 4.42m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABICON AS.

At a glance

Scorecard

Revenue
550.1k NOK 616.8k NOK
+12.1%
Operating result
+220.8k NOK +210.5k NOK
-4.7%
Net result
+120.6k NOK +140.9k NOK
+16.8%
Equity
4.28m NOK 4.42m NOK
+3.3%
Cash
10.1k NOK n/m
—
Total assets
4.83m NOK 4.99m NOK
+3.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 550.1k NOK to 616.8k NOK (+12.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +120.6k NOK → +140.9k NOK (net margin 21.9% → 22.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.28m NOK → 4.42m NOK (equity ratio 88.7% → 88.7%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +220.8k NOK → +210.5k NOK (op. margin 40.1% → 34.1%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 245.1k NOK → 362.6k NOK. Reported fact