Org.nr 917 507 899 2019 → 2020 Year-over-year analysis

ABADIA AS: årsregnskap 2020 vs 2019

Shrank 63% on revenue

approved 2021-09-13; registry 2021-10-30; journal 2021 884151

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABADIA AS. Revenue 446.1k NOK → 165.5k NOK (-62.9%). Net result -1.28m NOK → -1.36m NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Revenue

446.1k NOK 165.5k NOK

-62.9%

Operating result

-1.22m NOK -1.30m NOK

-6.5%

Net result

-1.28m NOK -1.36m NOK

-6.8%

Equity

6 NOK n/m

—

Cash

27.9k NOK 33.0k NOK

+18.7%

Total assets

1.25m NOK 56.4k NOK

-95.5%

↑
Cash rose

Bank deposits 27.9k NOK → 33.0k NOK (+18.7% YoY). Calculated
↑
Payroll decreased

Salary cost 2.49m NOK → 17.5k NOK (559% → 11% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 446.1k NOK to 165.5k NOK (-62.9% YoY). Calculated
↓
Operating result weakened

Operating result -1.22m NOK → -1.30m NOK (op. margin -274.2% → -786.8%). Calculated
↓
Net result weakened

Net result -1.28m NOK → -1.36m NOK (net margin -285.9% → -823.2%). Calculated