Org.nr 922 798 079 2019 → 2020 Year-over-year analysis

ABOBIL.NO AS: årsregnskap 2020 vs 2019

Grew 120394% on revenue, stronger earnings, fresh owner capital

approved 2021-02-03; registry 2021-02-15; journal 2021 117332

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ABOBIL.NO AS. Revenue 81.3k NOK → 97.96m NOK (+120394.0%). Net result +5.17m NOK → +6.88m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABOBIL.NO AS.

Scorecard

Revenue
81.3k NOK 97.96m NOK
+120394.0%
Operating result
+7.28m NOK +9.16m NOK
+25.9%
Net result
+5.17m NOK +6.88m NOK
+33.1%
Cash
183.8k NOK 348.9k NOK
+89.8%
Total assets
38.85m NOK 42.93m NOK
+10.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 81.3k NOK to 97.96m NOK (+120394.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +7.28m NOK → +9.16m NOK (op. margin 8948.8% → 9.3%). Calculated

  • ↑

    Net result improved

    Net result +5.17m NOK → +6.88m NOK (net margin 6355.6% → 7.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 183.8k NOK → 348.9k NOK (+89.8% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 15.3k NOK → 15.26m NOK (+15.25m NOK). Reported fact

Things to notice

  • ·

    Payroll increased

    Salary cost 4 511 NOK → 6.06m NOK (6% → 6% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 66.6k NOK → 78.19m NOK (+117339.8% YoY). Calculated