FirmaIQ
Org.nr 921 894 368 2019 → 2020 Year-over-year analysis

ABUSDALSKNUTEN LØYPESERVICE A/S: årsregnskap 2020 vs 2019

Grew 69% on revenue, returned to profit

approved 2021-03-09; registry 2021-04-21; journal 2021 215610

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABUSDALSKNUTEN LØYPESERVICE A/S. Revenue 185.6k NOK → 313.3k NOK (+68.8%). Net result -39.8k NOK → +55.8k NOK. Equity 18.3k NOK → 74.1k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
185.6k NOK 313.3k NOK
+68.8%
Operating result
+18.2k NOK +106.6k NOK
+485.4%
Net result
-39.8k NOK +55.8k NOK
+240.2%
Equity
18.3k NOK 74.1k NOK
+305.6%
Cash
132.1k NOK 182.1k NOK
+37.9%
Total assets
1.29m NOK 1.22m NOK
-5.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 185.6k NOK to 313.3k NOK (+68.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +18.2k NOK → +106.6k NOK (op. margin 9.8% → 34.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 39.8k NOK to a profit of 55.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 18.3k NOK → 74.1k NOK (equity ratio 1.4% → 6.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 132.1k NOK → 182.1k NOK (+37.9% YoY). Calculated