FirmaIQ
Org.nr 995 075 385 2019 → 2020 Year-over-year analysis

ABRA BESLAG AS: årsregnskap 2020 vs 2019

Grew 41% on revenue, stronger earnings

approved 2021-03-02; registry 2021-08-05; journal 2021 578832

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABRA BESLAG AS. Revenue 15.10m NOK → 21.36m NOK (+41.5%). Net result +92.6k NOK → +1.26m NOK. Equity 2.82m NOK → 4.08m 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 ABRA BESLAG AS.

At a glance

Scorecard

Revenue
15.10m NOK 21.36m NOK
+41.5%
Operating result
+165.6k NOK +714.5k NOK
+331.5%
Net result
+92.6k NOK +1.26m NOK
+1258.1%
Equity
2.82m NOK 4.08m NOK
+44.6%
Cash
96.9k NOK 1.67m NOK
+1623.5%
Total assets
7.25m NOK 10.26m NOK
+41.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 15.10m NOK to 21.36m NOK (+41.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +165.6k NOK → +714.5k NOK (op. margin 1.1% → 3.3%). Calculated

  • ↑

    Net result improved

    Net result +92.6k NOK → +1.26m NOK (net margin 0.6% → 5.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.82m NOK → 4.08m NOK (equity ratio 38.8% → 39.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 96.9k NOK → 1.67m NOK (+1623.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 5.97m NOK → 7.26m NOK (40% → 34% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 6.78m NOK → 9.98m NOK (+47.3% YoY). Calculated