FirmaIQ
Org.nr 991 911 111 2019 → 2020 Year-over-year analysis

ABOVA AS: årsregnskap 2020 vs 2019

Grew 346% on revenue, stronger earnings, cash halved-plus

approved 2021-08-18; registry 2021-10-20; journal 2021 838220

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABOVA AS. Revenue 139.2k NOK → 621.1k NOK (+346.2%). Net result +77.1k NOK → +536.1k NOK. Equity 13.59m NOK → 14.13m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
139.2k NOK 621.1k NOK
+346.2%
Operating result
+104.8k NOK +550.8k NOK
+425.5%
Net result
+77.1k NOK +536.1k NOK
+595.1%
Equity
13.59m NOK 14.13m NOK
+3.9%
Cash
3.54m NOK 1.72m NOK
-51.6%
Total assets
13.64m NOK 14.16m NOK
+3.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 139.2k NOK to 621.1k NOK (+346.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +104.8k NOK → +550.8k NOK (op. margin 75.3% → 88.7%). Calculated

  • ↑

    Net result improved

    Net result +77.1k NOK → +536.1k NOK (net margin 55.4% → 86.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 13.59m NOK → 14.13m NOK (equity ratio 99.6% → 99.8%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 3.54m NOK → 1.72m NOK (-51.6% YoY). Calculated