FirmaIQ
Org.nr 986 281 754 2019 → 2020 Year-over-year analysis

ABN SCANDINAVIA AS: årsregnskap 2020 vs 2019

Shrank 29% on revenue, weaker earnings

approved 2021-02-09; registry 2021-05-04; journal 2021 214924

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABN SCANDINAVIA AS. Revenue 76.92m NOK → 54.62m NOK (-29.0%). Net result +3.07m NOK → +126.5k NOK. Equity 5.49m NOK → 5.29m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABN SCANDINAVIA AS.

At a glance

Scorecard

Revenue
76.92m NOK 54.62m NOK
-29.0%
Operating result
+4.11m NOK -648.2k NOK
-115.8%
Net result
+3.07m NOK +126.5k NOK
-95.9%
Equity
5.49m NOK 5.29m NOK
-3.7%
Cash
2.90m NOK 1.66m NOK
-42.7%
Total assets
13.65m NOK 11.62m NOK
-14.8%

What improved

  • ↑

    Payroll decreased

    Salary cost 3.01m NOK → 2.43m NOK (4% → 4% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 76.92m NOK to 54.62m NOK (-29.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +4.11m NOK → -648.2k NOK (op. margin 5.3% → -1.2%). Calculated

  • ↓

    Net result weakened

    Net result +3.07m NOK → +126.5k NOK (net margin 4.0% → 0.2%). Calculated

  • ↓

    Equity eroded

    Book equity 5.49m NOK → 5.29m NOK (equity ratio 40.2% → 45.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.90m NOK → 1.66m NOK (-42.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 65.03m NOK → 46.80m NOK (-28.0% YoY). Calculated