FirmaIQ
Org.nr 984 086 822 2019 → 2020 Year-over-year analysis

ABUS ENTREPRENØR AS: årsregnskap 2020 vs 2019

Shrank 17% on revenue, weaker earnings

registry 2021-07-26; journal 2021 538469

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABUS ENTREPRENØR AS. Revenue 9.41m NOK → 7.79m NOK (-17.3%). Net result +2.61m NOK → +1.46m NOK. Equity 1.66m NOK → 2.02m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
9.41m NOK 7.79m NOK
-17.3%
Operating result
+3.24m NOK +1.85m NOK
-42.9%
Net result
+2.61m NOK +1.46m NOK
-43.8%
Equity
1.66m NOK 2.02m NOK
+22.0%
Cash
4.08m NOK 2.48m NOK
-39.3%
Total assets
6.05m NOK n/m
—

What improved

  • ↑

    Equity strengthened

    Book equity 1.66m NOK → 2.02m NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.41m NOK to 7.79m NOK (-17.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +3.24m NOK → +1.85m NOK (op. margin 34.5% → 23.8%). Calculated

  • ↓

    Net result weakened

    Net result +2.61m NOK → +1.46m NOK (net margin 27.7% → 18.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.08m NOK → 2.48m NOK (-39.3% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.58m NOK → 2.64m NOK (27% → 34% of revenue). Calculated