ABIRAMY AS: årsregnskap 2020 vs 2019
Grew 78% on revenue, returned to profit, cash halved-plus
approved 2021-06-30; registry 2021-07-08; journal 2021 547704
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABIRAMY AS. Revenue 3.64m NOK → 6.47m NOK (+77.9%). Net result -115.4k NOK → +31.4k NOK. Equity -38.1k NOK → -6 746 NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABIRAMY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.64m NOK to 6.47m NOK (+77.9% YoY). Calculated
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↑
Operating result improved
Operating result -73.0k NOK → +84.0k NOK (op. margin -2.0% → 1.3%). Calculated
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Turned profitable
Net result flipped from a loss of 115.4k NOK to a profit of 31.4k NOK. Calculated
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↑
Equity strengthened
Book equity -38.1k NOK → -6 746 NOK (equity ratio -5.1% → -0.3%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 143.3k NOK → 24.0k NOK (-83.3% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 16.2k NOK → 2.77m NOK (0% → 43% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 3.10m NOK → 5.03m NOK (+62.2% YoY). Calculated