Org.nr 925 130 656 2019 → 2020 Year-over-year analysis

ABISCO AS: årsregnskap 2020 vs 2019

Grew 149% on revenue, slipped into loss, fresh owner capital

approved 2021-08-26; registry 2021-10-12; journal 2021 800370

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ABISCO AS. Revenue 886 NOK → 2 202 NOK (+148.5%). Net result +275 NOK → -2 630 NOK. Equity 0 NOK → 48.47m NOK.

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

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

Scorecard

Revenue
886 NOK 2 202 NOK
+148.5%
Operating result
+533 NOK -35.8k NOK
-6811.8%
Net result
+275 NOK -2 630 NOK
-1056.4%
Equity
0 NOK 48.47m NOK
—
Cash
336 NOK 13.1k NOK
+3807.7%
Total assets
0 NOK 65.56m NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 886 NOK to 2 202 NOK (+148.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 0 NOK → 48.47m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 336 NOK → 13.1k NOK (+3807.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.34× → 2381.68×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 17 NOK → 48.5k NOK (+48.5k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +533 NOK → -35.8k NOK (op. margin 60.2% → -1624.6%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 275 NOK profit to a loss of 2 630 NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 383 NOK → 8 269 NOK. Reported fact