FirmaIQ
Org.nr 993 049 484 2019 → 2020 Year-over-year analysis

ABOUTME PRODUCTIONS AS: årsregnskap 2020 vs 2019

Shrank 41% on revenue, stronger earnings

approved 2021-03-16; registry 2021-03-18; journal 2021 156721

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABOUTME PRODUCTIONS AS. Revenue 67.6k NOK → 40.1k NOK (-40.7%). Net result +48.5k NOK → +69.7k NOK. Equity 300.8k NOK → 370.5k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
67.6k NOK 40.1k NOK
-40.7%
Operating result
-9 640 NOK -12.1k NOK
-25.5%
Net result
+48.5k NOK +69.7k NOK
+43.6%
Equity
300.8k NOK 370.5k NOK
+23.2%
Cash
25.5k NOK 67.2k NOK
+163.2%
Total assets
297.3k NOK 376.2k NOK
+26.5%

What improved

  • ↑

    Net result improved

    Net result +48.5k NOK → +69.7k NOK (net margin 71.8% → 173.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 300.8k NOK → 370.5k NOK (equity ratio 101.2% → 98.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 25.5k NOK → 67.2k NOK (+163.2% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio -62.41× → 55.74×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 67.6k NOK to 40.1k NOK (-40.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -9 640 NOK → -12.1k NOK (op. margin -14.3% → -30.2%). Calculated