Org.nr 919 042 885 2019 → 2020 Year-over-year analysis

ABAX INVEST AS: årsregnskap 2020 vs 2019

Stronger earnings, fresh owner capital

approved 2021-05-06; registry 2021-06-21; journal 2021 357869

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ABAX INVEST AS. Net result +1.54m NOK → +7.34m NOK. Equity 1.24bn NOK → 1.61bn NOK.

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

Net constructive year on the published lines.

Scorecard

Operating result
-110.6k NOK -92.5k NOK
+16.3%
Net result
+1.54m NOK +7.34m NOK
+375.5%
Equity
1.24bn NOK 1.61bn NOK
+30.4%
Cash
393.0k NOK 370.7k NOK
-5.7%
Total assets
1.54bn NOK 1.99bn NOK
+29.8%

What improved

  • ↑

    Operating result improved

    Operating result -110.6k NOK → -92.5k NOK. Calculated

  • ↑

    Net result improved

    Net result +1.54m NOK → +7.34m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.24bn NOK → 1.61bn NOK (equity ratio 80.4% → 80.8%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.24bn NOK → 1.61bn NOK (+372.37m NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 393.0k NOK → 370.7k NOK (-5.7% YoY). Calculated