FirmaIQ
Org.nr 993 147 044 2019 → 2020 Year-over-year analysis

ABLER NORDIC AS: årsregnskap 2020 vs 2019

Grew 28% on revenue, slipped into loss

registry 2021-06-29; journal 2021 410702

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABLER NORDIC AS. Revenue 36.66m NOK → 46.92m NOK (+28.0%). Net result +12.44m NOK → -4.38m NOK. Equity 104.52m NOK → 100.14m NOK.

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

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

At a glance

Scorecard

Revenue
36.66m NOK 46.92m NOK
+28.0%
Operating result
+10.75m NOK +14.82m NOK
+37.9%
Net result
+12.44m NOK -4.38m NOK
-135.2%
Equity
104.52m NOK 100.14m NOK
-4.2%
Cash
45.74m NOK 60.02m NOK
+31.2%
Total assets
139.9k NOK 142.8k NOK
+2.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 36.66m NOK to 46.92m NOK (+28.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +10.75m NOK → +14.82m NOK (op. margin 29.3% → 31.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 45.74m NOK → 60.02m NOK (+31.2% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 12.44m NOK profit to a loss of 4.38m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 104.52m NOK → 100.14m NOK (equity ratio 74689.5% → 70145.6%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 13.97m NOK → 15.82m NOK (38% → 34% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 90.19m NOK → 74.60m NOK. Reported fact