Org.nr 921 398 158 2019 → 2020 Year-over-year analysis

ABM HOLDINGSELSKAP AS: årsregnskap 2020 vs 2019

Shrank 25% on revenue

registry 2021-06-15; journal 2021 319097

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ABM HOLDINGSELSKAP AS. Revenue 240.0k NOK → 180.0k NOK (-25.0%). Net result +691.8k NOK → +561.8k NOK. Equity 4.89m NOK → 5.45m NOK.

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

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

Scorecard

Revenue
240.0k NOK 180.0k NOK
-25.0%
Operating result
+211.9k NOK +160.0k NOK
-24.5%
Net result
+691.8k NOK +561.8k NOK
-18.8%
Equity
4.89m NOK 5.45m NOK
+11.5%
Cash
95.1k NOK 1.10m NOK
+1058.8%
Total assets
5.08m NOK 5.65m NOK
+11.2%

What improved

  • ↑

    Equity strengthened

    Book equity 4.89m NOK → 5.45m NOK (equity ratio 96.3% → 96.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 95.1k NOK → 1.10m NOK (+1058.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 240.0k NOK to 180.0k NOK (-25.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +211.9k NOK → +160.0k NOK (op. margin 88.3% → 88.9%). Calculated

  • ↓

    Net result weakened

    Net result +691.8k NOK → +561.8k NOK (net margin 288.2% → 312.1%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 909.5k NOK → 1.96m NOK. Reported fact