Org.nr 889 916 362 2019 → 2020 Year-over-year analysis

ABIDE AS: årsregnskap 2020 vs 2019

Grew 28% on revenue

registry 2021-04-26; journal 2021 225714

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ABIDE AS. Revenue 164.6k NOK → 211.1k NOK (+28.2%). Net result +529.1k NOK → +479.7k NOK. Equity 4.95m NOK → 5.43m NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
164.6k NOK 211.1k NOK
+28.2%
Operating result
+134.7k NOK +191.5k NOK
+42.2%
Net result
+529.1k NOK +479.7k NOK
-9.3%
Equity
4.95m NOK 5.43m NOK
+9.7%
Cash
3.12m NOK 2.30m NOK
-26.3%
Total assets
4.99m NOK 5.48m NOK
+9.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 164.6k NOK to 211.1k NOK (+28.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +134.7k NOK → +191.5k NOK (op. margin 81.8% → 90.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.95m NOK → 5.43m NOK (equity ratio 99.1% → 99.1%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +529.1k NOK → +479.7k NOK (net margin 321.4% → 227.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.12m NOK → 2.30m NOK (-26.3% YoY). Calculated