FirmaIQ
Org.nr 916 608 519 2019 → 2020 Year-over-year analysis

ABBA HOLDING AS: årsregnskap 2020 vs 2019

Stronger earnings, cash halved-plus

approved 2021-06-08; registry 2021-08-28; journal 2021 688424

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABBA HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +283.4k NOK → +1.77m NOK. Equity 438.6k NOK → 3.21m NOK.

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

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

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-2 761 NOK -34.6k NOK
-1153.2%
Net result
+283.4k NOK +1.77m NOK
+525.8%
Equity
438.6k NOK 3.21m NOK
+632.5%
Cash
423.8k NOK 158.4k NOK
-62.6%
Total assets
2.00m NOK n/m
—

What improved

  • ↑

    Net result improved

    Net result +283.4k NOK → +1.77m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 438.6k NOK → 3.21m NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -2 761 NOK → -34.6k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 423.8k NOK → 158.4k NOK (-62.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 33.0k NOK → 1.53m NOK. Reported fact