FirmaIQ
Org.nr 912 673 197 2019 → 2020 Year-over-year analysis

ABYRINT AS: årsregnskap 2020 vs 2019

Grew 10% on revenue, stronger earnings

approved 2021-07-09; registry 2021-10-18; journal 2021 827288

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABYRINT AS. Revenue 23.80m NOK → 26.28m NOK (+10.4%). Net result +5.55m NOK → +8.33m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABYRINT AS.

At a glance

Scorecard

Revenue
23.80m NOK 26.28m NOK
+10.4%
Operating result
+7.27m NOK +11.05m NOK
+52.1%
Net result
+5.55m NOK +8.33m NOK
+50.1%
Equity
n/m 10.93m NOK
—
Cash
8.31m NOK 6.81m NOK
-18.0%
Total assets
15.62m NOK 15.24m NOK
-2.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 23.80m NOK to 26.28m NOK (+10.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +7.27m NOK → +11.05m NOK (op. margin 30.5% → 42.0%). Calculated

  • ↑

    Net result improved

    Net result +5.55m NOK → +8.33m NOK (net margin 23.3% → 31.7%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 8.31m NOK → 6.81m NOK (-18.0% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 1.69m NOK → 3.08m NOK (+82.2% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 8 → 6. Reported fact