Org.nr 818 965 532 2019 → 2020 Year-over-year analysis

ABAX MIDCO AS: årsregnskap 2020 vs 2019

Fresh owner capital

approved 2021-05-06; registry 2021-06-21; journal 2021 357873

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ABAX MIDCO AS. Net result -14.01m NOK → -14.14m NOK. Equity 1.17bn NOK → 1.58bn NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: operating result weakened.

Net constructive year on the published lines.

Scorecard

Operating result
-33.8k NOK -44.6k NOK
-31.8%
Net result
-14.01m NOK -14.14m NOK
-0.9%
Equity
1.17bn NOK 1.58bn NOK
+35.6%
Cash
4 329 NOK 2.88m NOK
+66492.5%
Total assets
1.47bn NOK 1.96bn NOK
+33.4%

What improved

  • ↑

    Equity strengthened

    Book equity 1.17bn NOK → 1.58bn NOK (equity ratio 79.6% → 80.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 4 329 NOK → 2.88m NOK (+66492.5% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.03× → 1.55×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.17bn NOK → 1.58bn NOK (+415.16m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -33.8k NOK → -44.6k NOK. Calculated