ABBAS HOLDING AS: årsregnskap 2020 vs 2019
Stronger earnings
approved 2020-12-31; registry 2021-10-18; journal 2021 838706
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABBAS HOLDING AS. Revenue 46.2k NOK → 46.2k NOK (0.0%). Net result -120.1k NOK → -85.9k NOK. Equity 10.23m NOK → 11.15m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABBAS HOLDING AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -118.1k NOK → -115.9k NOK (op. margin -255.7% → -250.8%). Calculated
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Net result improved
Net result -120.1k NOK → -85.9k NOK (net margin -259.9% → -185.9%). Calculated
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Equity strengthened
Book equity 10.23m NOK → 11.15m NOK (equity ratio 9700.8% → 651.8%). Calculated
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Cash rose
Bank deposits 402 NOK → 103.4k NOK (+25621.9% YoY). Calculated
What deteriorated
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↓
Payroll up without matching revenue
Salary cost 2 NOK → 125.7k NOK (0% → 272% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 14 NOK → 1.32m NOK. Reported fact