Org.nr 988 015 792 2018 → 2019 Year-over-year analysis

ABADJOM AS: årsregnskap 2019 vs 2018

Returned to profit

approved 2020-09-28; registry 2020-10-03; journal 2020 898419

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABADJOM AS. Net result -35.6k NOK → +7.21m NOK. Equity 9.53m NOK → 735.1k NOK.

On the constructive side: operating result improved; turned profitable; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.

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

At a glance

Operating result

-605.2k NOK -47.8k NOK

+92.1%

Net result

-35.6k NOK +7.21m NOK

+20336.4%

Equity

9.53m NOK 735.1k NOK

-92.3%

Cash

2 582 NOK 4 323 NOK

+67.4%

Total assets

2.65m NOK 3.25m NOK

+22.8%

↑
Operating result improved

Operating result -605.2k NOK → -47.8k NOK. Calculated
↑
Turned profitable

Net result flipped from a loss of 35.6k NOK to a profit of 7.21m NOK. Calculated
↑
Cash rose

Bank deposits 2 582 NOK → 4 323 NOK (+67.4% YoY). Calculated

↓
Equity eroded

Book equity 9.53m NOK → 735.1k NOK (equity ratio 359.9% → 22.6%). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.85× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Book investments changed

Investment / intangible book value 2.57m NOK → 622.6k NOK. Reported fact