Org.nr 896 357 522 2019 → 2020 Year-over-year analysis

ABS-MASKIN AS: årsregnskap 2020 vs 2019

Fresh owner capital

approved 2021-03-07; registry 2021-03-15; journal 2021 145920

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ABS-MASKIN AS. Revenue 50.93m NOK → 49.87m NOK (-2.1%). Net result +598.6k NOK → +513.1k NOK. Equity 4.00m NOK → 8.15m NOK.

On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell; net result weakened; cogs moved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABS-MASKIN AS.

Scorecard

Revenue
50.93m NOK 49.87m NOK
-2.1%
Operating result
n/m +123.1k NOK
—
Net result
+598.6k NOK +513.1k NOK
-14.3%
Equity
4.00m NOK 8.15m NOK
+103.8%
Cash
7 471 NOK 12.18m NOK
+162940.7%
Total assets
26.80m NOK 30.63m NOK
+14.3%

What improved

  • ↑

    Equity strengthened

    Book equity 4.00m NOK → 8.15m NOK (equity ratio 14.9% → 26.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 7 471 NOK → 12.18m NOK (+162940.7% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 4.51m NOK → 8.00m NOK (+3.48m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 50.93m NOK to 49.87m NOK (-2.1% YoY). Calculated

  • ↓

    Net result weakened

    Net result +598.6k NOK → +513.1k NOK (net margin 1.2% → 1.0%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 35.70m NOK → 37.34m NOK (+4.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.01m NOK → 720.4k NOK. Reported fact