Org.nr 913 204 808 2019 → 2020 Year-over-year analysis

ABAKUS INVEST AS: årsregnskap 2020 vs 2019

Slipped into loss

approved 2021-06-29; registry 2021-07-26; journal 2021 537971

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ABAKUS INVEST AS. Net result +829.7k NOK → -115.8k NOK. Equity 16.85m NOK → 16.74m NOK.

On the constructive side: operating result improved; cash rose. Pressures included: fell into a net loss; equity eroded.

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

Scorecard

Operating result
-794.0k NOK -265.7k NOK
+66.5%
Net result
+829.7k NOK -115.8k NOK
-114.0%
Equity
16.85m NOK 16.74m NOK
-0.7%
Cash
491.3k NOK 698.4k NOK
+42.1%
Total assets
23.01m NOK 23.95m NOK
+4.1%

What improved

  • ↑

    Operating result improved

    Operating result -794.0k NOK → -265.7k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 491.3k NOK → 698.4k NOK (+42.1% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 829.7k NOK profit to a loss of 115.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 16.85m NOK → 16.74m NOK (equity ratio 73.3% → 69.9%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 9.46m NOK → 8.52m NOK. Reported fact