ABADJOM AS: årsregnskap 2020 vs 2019
Slipped into loss, cash halved-plus
approved 2021-08-31; registry 2021-09-25; journal 2021 736823
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABADJOM AS. Net result +7.21m NOK → -398.5k NOK. Equity 735.1k NOK → 336.6k NOK.
On the constructive side: current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABADJOM AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.00× → 1.45×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -47.8k NOK → -1.10m NOK. Calculated
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↓
Fell into a net loss
Net result flipped from 7.21m NOK profit to a loss of 398.5k NOK. Calculated
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↓
Equity eroded
Book equity 735.1k NOK → 336.6k NOK (equity ratio 22.6% → 11.4%). Calculated
-
↓
Cash fell
Bank deposits 4 323 NOK → 652 NOK (-84.9% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 622.6k NOK → 1.27m NOK. Reported fact