FirmaIQ
Org.nr 937 669 658 2019 → 2020 Year-over-year analysis

ABO BYGG AS: årsregnskap 2020 vs 2019

Shrank 17% on revenue, slipped into loss, cash halved-plus

approved 2021-08-11; registry 2021-10-05; journal 2021 775297

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABO BYGG AS. Revenue 12.91m NOK → 10.75m NOK (-16.7%). Net result +1.06m NOK → -209.5k NOK. Equity 834.2k NOK → 11.62m NOK.

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

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABO BYGG AS.

At a glance

Scorecard

Revenue
12.91m NOK 10.75m NOK
-16.7%
Operating result
+1.02m NOK -218.4k NOK
-121.5%
Net result
+1.06m NOK -209.5k NOK
-119.8%
Equity
834.2k NOK 11.62m NOK
+1293.5%
Cash
5.38m NOK 2.30m NOK
-57.3%
Total assets
8.67m NOK 6.11m NOK
-29.5%

What improved

  • ↑

    Equity strengthened

    Book equity 834.2k NOK → 11.62m NOK (equity ratio 9.6% → 190.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 12.91m NOK to 10.75m NOK (-16.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.02m NOK → -218.4k NOK (op. margin 7.9% → -2.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 1.06m NOK profit to a loss of 209.5k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 5.38m NOK → 2.30m NOK (-57.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 551.3k NOK → 481.0k NOK (-12.7% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 12 → 11. Reported fact