Org.nr 923 739 459 2019 → 2020 Year-over-year analysis

A B T HOLDING AS: årsregnskap 2020 vs 2019

Another loss-making year

approved 2021-05-31; registry 2021-06-03; journal 2021 381684

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for A B T HOLDING AS. Net result -8 545 NOK → -457 NOK. Equity 30.0k NOK → 21.0k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A B T HOLDING AS.

Scorecard

Operating result
-8 555 NOK -464 NOK
+94.6%
Net result
-8 545 NOK -457 NOK
+94.7%
Equity
30.0k NOK 21.0k NOK
-30.0%
Cash
30.0k NOK 29.6k NOK
-1.5%
Total assets
3.02m NOK 3.03m NOK
+0.5%

What improved

  • ↑

    Operating result improved

    Operating result -8 555 NOK → -464 NOK. Calculated

  • ↑

    Net result improved

    Net result -8 545 NOK → -457 NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 30.0k NOK → 21.0k NOK (equity ratio 1.0% → 0.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 3 015 NOK → 1 NOK. Reported fact