FirmaIQ
Org.nr 979 494 432 2019 → 2020 Year-over-year analysis

ABO INSTALLASJON AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-08-16; registry 2022-09-06; journal 2022 915541

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABO INSTALLASJON AS. Revenue 15.62m NOK → 15.93m NOK (+2.0%). Net result +1.49m NOK → +2.77m NOK. Equity 3.76m NOK → 4.83m NOK.

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

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ABO INSTALLASJON AS.

At a glance

Scorecard

Revenue
15.62m NOK 15.93m NOK
+2.0%
Operating result
+1.92m NOK +3.23m NOK
+67.9%
Net result
+1.49m NOK +2.77m NOK
+85.7%
Equity
3.76m NOK 4.83m NOK
+28.5%
Cash
3.30m NOK 4.00m NOK
+21.4%
Total assets
7.49m NOK 7.84m NOK
+4.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 15.62m NOK to 15.93m NOK (+2.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.92m NOK → +3.23m NOK (op. margin 12.3% → 20.3%). Calculated

  • ↑

    Net result improved

    Net result +1.49m NOK → +2.77m NOK (net margin 9.6% → 17.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.76m NOK → 4.83m NOK (equity ratio 50.2% → 61.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.30m NOK → 4.00m NOK (+21.4% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 4.98m NOK → 5.15m NOK (+3.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1.00m NOK → 1.15m NOK. Reported fact