FirmaIQ
Org.nr 935 693 462 2019 → 2020 Year-over-year analysis

ABL NORWAY AS: årsregnskap 2020 vs 2019

Grew 28% on revenue, returned to profit

approved 2021-08-13; registry 2021-08-23; journal 2021 640327

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABL NORWAY AS. Revenue 18.06m NOK → 23.18m NOK (+28.4%). Net result -5.64m NOK → +758.4k NOK. Equity -7.49m NOK → -6.73m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABL NORWAY AS.

At a glance

Scorecard

Revenue
18.06m NOK 23.18m NOK
+28.4%
Operating result
+4 210 NOK +327.9k NOK
+7689.4%
Net result
-5.64m NOK +758.4k NOK
+113.4%
Equity
-7.49m NOK -6.73m NOK
+10.1%
Cash
1.41m NOK 4.68m NOK
+230.9%
Total assets
12.34m NOK 17.92m NOK
+45.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 18.06m NOK to 23.18m NOK (+28.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +4 210 NOK → +327.9k NOK (op. margin 0.0% → 1.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 5.64m NOK to a profit of 758.4k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -7.49m NOK → -6.73m NOK (equity ratio -60.7% → -37.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.41m NOK → 4.68m NOK (+230.9% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 7.92m NOK → 10.76m NOK (+35.9% YoY). Calculated