FirmaIQ
Org.nr 990 648 506 2020 → 2021 Year-over-year analysis

ABAN INTERNATIONAL NORWAY AS: årsregnskap 2021 vs 2020

Stronger earnings

approved 2021-09-30; registry 2021-10-30; journal 2021 884997

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ABAN INTERNATIONAL NORWAY AS. Net result -677.75m NOK → -104.13m NOK. Equity -10.51m NOK → -114.64m NOK.

On the constructive side: net result improved. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABAN INTERNATIONAL NORWAY AS.

At a glance

Scorecard

Operating result
-251.0k NOK -553.0k NOK
-120.3%
Net result
-677.75m NOK -104.13m NOK
+84.6%
Equity
-10.51m NOK -114.64m NOK
-990.8%
Cash
44.0k NOK 41.0k NOK
-6.8%
Total assets
147.51m NOK 48.00m NOK
-67.5%

What improved

  • ↑

    Net result improved

    Net result -677.75m NOK → -104.13m NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -251.0k NOK → -553.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -10.51m NOK → -114.64m NOK (equity ratio -7.1% → -238.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 44.0k NOK → 41.0k NOK (-6.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -238.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 147.18m NOK → 47.96m NOK. Reported fact