FirmaIQ
Org.nr 816 767 032 2019 → 2020 Year-over-year analysis

ABU-SAID EIENDOM AS: årsregnskap 2020 vs 2019

Grew 30% on revenue, returned to profit

approved 2021-06-24; registry 2021-06-28; journal 2021 484410

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABU-SAID EIENDOM AS. Revenue 60.0k NOK → 78.0k NOK (+30.0%). Net result -1 107 NOK → +20.6k NOK. Equity -34.9k NOK → -14.3k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
60.0k NOK 78.0k NOK
+30.0%
Operating result
-1 106 NOK +20.7k NOK
+1967.3%
Net result
-1 107 NOK +20.6k NOK
+1961.6%
Equity
-34.9k NOK -14.3k NOK
+59.0%
Cash
22.2k NOK 82.3k NOK
+271.6%
Total assets
3.15m NOK 3.16m NOK
+0.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 60.0k NOK to 78.0k NOK (+30.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1 106 NOK → +20.7k NOK (op. margin -1.8% → 26.5%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1 107 NOK to a profit of 20.6k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -34.9k NOK → -14.3k NOK (equity ratio -1.1% → -0.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 22.2k NOK → 82.3k NOK (+271.6% YoY). Calculated