FirmaIQ
Org.nr 994 493 183 2019 → 2020 Year-over-year analysis

ABOX AS: årsregnskap 2020 vs 2019

Weaker earnings, cash halved-plus

approved 2021-08-20; registry 2021-09-07; journal 2021 682115

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABOX AS. Revenue 2.86m NOK → 2.80m NOK (-2.0%). Net result +210.1k NOK → +58.3k NOK. Equity 311.6k NOK → 311.4k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.86m NOK 2.80m NOK
-2.0%
Operating result
+281.8k NOK +76.7k NOK
-72.8%
Net result
+210.1k NOK +58.3k NOK
-72.3%
Equity
311.6k NOK 311.4k NOK
-0.1%
Cash
204.0k NOK 69.7k NOK
-65.8%
Total assets
617.5k NOK 135.2k NOK
-78.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.86m NOK to 2.80m NOK (-2.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +281.8k NOK → +76.7k NOK (op. margin 9.9% → 2.7%). Calculated

  • ↓

    Net result weakened

    Net result +210.1k NOK → +58.3k NOK (net margin 7.4% → 2.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 204.0k NOK → 69.7k NOK (-65.8% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.64× → 0.06× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated