A-BA EIENDOM AS: årsregnskap 2020 vs 2019
Grew 629% on revenue, returned to profit, fresh owner capital
approved 2021-08-06; registry 2021-08-12; journal 2021 626154
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A-BA EIENDOM AS. Revenue 335 NOK → 2 443 NOK (+629.3%). Net result -1 049 NOK → +378.9k NOK. Equity 23.4k NOK → 402.3k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A-BA EIENDOM AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 335 NOK to 2 443 NOK (+629.3% YoY). Calculated
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Operating result improved
Operating result -1 050 NOK → +1.36m NOK (op. margin -313.4% → 55538.0%). Calculated
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Turned profitable
Net result flipped from a loss of 1 049 NOK to a profit of 378.9k NOK. Calculated
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Equity strengthened
Book equity 23.4k NOK → 402.3k NOK (equity ratio 80.8% → 1.5%). Calculated
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Cash rose
Bank deposits 29.0k NOK → 603.0k NOK (+1983.0% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 5.20× → 0.39× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Thin equity buffer
Equity ratio is 1.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation