Org.nr 916 921 934 2019 → 2020 Year-over-year analysis

ABRAHAMS HUS AS: årsregnskap 2020 vs 2019

Grew 34% on revenue, weaker earnings

approved 2021-06-12; registry 2021-07-05; journal 2021 522328

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ABRAHAMS HUS AS. Revenue 313.2k NOK → 421.1k NOK (+34.5%). Net result -122.6k NOK → -283.7k NOK. Equity 250.0k NOK → 42.4k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for ABRAHAMS HUS AS.

Scorecard

Revenue
313.2k NOK 421.1k NOK
+34.5%
Operating result
-110.6k NOK -283.8k NOK
-156.7%
Net result
-122.6k NOK -283.7k NOK
-131.5%
Equity
250.0k NOK 42.4k NOK
-83.0%
Cash
50.0k NOK 42.4k NOK
-15.2%
Total assets
154.6k NOK 42.4k NOK
-72.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 313.2k NOK to 421.1k NOK (+34.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -110.6k NOK → -283.8k NOK (op. margin -35.3% → -67.4%). Calculated

  • ↓

    Net result weakened

    Net result -122.6k NOK → -283.7k NOK (net margin -39.1% → -67.4%). Calculated

  • ↓

    Equity eroded

    Book equity 250.0k NOK → 42.4k NOK (equity ratio 161.7% → 100.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 50.0k NOK → 42.4k NOK (-15.2% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 200.0k NOK → 42.4k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 726.9k NOK → 4 005 NOK (-99.4% YoY). Calculated