FirmaIQ
Org.nr 937 794 878 2019 → 2020 Year-over-year analysis

ABILDSØ ELEKTRISKE AS: årsregnskap 2020 vs 2019

Grew 61% on revenue, stronger earnings

approved 2021-04-23; registry 2021-06-16; journal 2021 335641

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABILDSØ ELEKTRISKE AS. Revenue 39.66m NOK → 64.05m NOK (+61.5%). Net result +353.9k NOK → +565.3k NOK. Equity 3.23m NOK → 4.75m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ABILDSØ ELEKTRISKE AS.

At a glance

Scorecard

Revenue
39.66m NOK 64.05m NOK
+61.5%
Operating result
+475.8k NOK +570.7k NOK
+20.0%
Net result
+353.9k NOK +565.3k NOK
+59.7%
Equity
3.23m NOK 4.75m NOK
+47.1%
Cash
2.52m NOK 3.52m NOK
+39.8%
Total assets
12.63m NOK 15.89m NOK
+25.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 39.66m NOK to 64.05m NOK (+61.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +475.8k NOK → +570.7k NOK (op. margin 1.2% → 0.9%). Calculated

  • ↑

    Net result improved

    Net result +353.9k NOK → +565.3k NOK (net margin 0.9% → 0.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.23m NOK → 4.75m NOK (equity ratio 25.6% → 29.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.52m NOK → 3.52m NOK (+39.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 15.84m NOK → 18.58m NOK (40% → 29% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 192.0k NOK → 120.0k NOK. Reported fact