Org.nr 921 298 722 2019 → 2020 Year-over-year analysis

ABV PLASTIKKIRURGI AS: årsregnskap 2020 vs 2019

Shrank 37% on revenue, weaker earnings

approved 2021-05-26; registry 2021-05-29; journal 2021 343827

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ABV PLASTIKKIRURGI AS. Revenue 501.4k NOK → 315.0k NOK (-37.2%). Net result +250.9k NOK → +112.3k NOK. Equity 697.9k NOK → 708.5k NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABV PLASTIKKIRURGI AS.

Scorecard

Revenue
501.4k NOK 315.0k NOK
-37.2%
Operating result
+322.1k NOK +145.8k NOK
-54.7%
Net result
+250.9k NOK +112.3k NOK
-55.2%
Equity
697.9k NOK 708.5k NOK
+1.5%
Cash
166.2k NOK 118.5k NOK
-28.7%
Total assets
722.2k NOK 776.5k NOK
+7.5%

What improved

  • ↑

    Equity strengthened

    Book equity 697.9k NOK → 708.5k NOK (equity ratio 96.6% → 91.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 501.4k NOK to 315.0k NOK (-37.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +322.1k NOK → +145.8k NOK (op. margin 64.2% → 46.3%). Calculated

  • ↓

    Net result weakened

    Net result +250.9k NOK → +112.3k NOK (net margin 50.0% → 35.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 166.2k NOK → 118.5k NOK (-28.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 62.0k NOK → 44.0k NOK. Reported fact