FirmaIQ
Org.nr 929 378 024 2019 → 2020 Year-over-year analysis

ABSALONSEN TRANSPORT AS: årsregnskap 2020 vs 2019

Grew 4009% on revenue, stronger earnings

approved 2021-09-02; registry 2021-09-18; journal 2021 768584

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABSALONSEN TRANSPORT AS. Revenue 45.0k NOK → 1.85m NOK (+4009.2%). Net result +7 828 NOK → +36.2k NOK. Equity -471.2k NOK → -435.0k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ABSALONSEN TRANSPORT AS.

At a glance

Scorecard

Revenue
45.0k NOK 1.85m NOK
+4009.2%
Operating result
+60.5k NOK +81.4k NOK
+34.6%
Net result
+7 828 NOK +36.2k NOK
+362.9%
Equity
-471.2k NOK -435.0k NOK
+7.7%
Cash
1 749 NOK 1 049 NOK
-40.0%
Total assets
191.1k NOK 240.3k NOK
+25.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 45.0k NOK to 1.85m NOK (+4009.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +60.5k NOK → +81.4k NOK (op. margin 134.6% → 4.4%). Calculated

  • ↑

    Net result improved

    Net result +7 828 NOK → +36.2k NOK (net margin 17.4% → 2.0%). Calculated

  • ↑

    Equity strengthened

    Book equity -471.2k NOK → -435.0k NOK (equity ratio -246.6% → -181.0%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 68.1k NOK → 177.5k NOK (+160.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 32.8k NOK → 53.5k NOK. Reported fact