ABBAS HOLDING AS: årsregnskap 2021 vs 2020
Another loss-making year
approved 2021-12-31; registry 2022-08-01; journal 2022 834345
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABBAS HOLDING AS. Net result -85.9k NOK → -100.0k NOK. Equity 11.15m NOK → 10 NOK.
On the constructive side: operating result improved. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABBAS HOLDING AS.
At a glance
Scorecard
Revenue
46.2k NOK
n/m
—
Operating result
-115.9k NOK
-100.0k NOK
+13.7%
Net result
-85.9k NOK
-100.0k NOK
-16.4%
Equity
11.15m NOK
10 NOK
-100.0%
Cash
103.4k NOK
103.1k NOK
-0.3%
Total assets
1.71m NOK
1.56m NOK
-9.1%
What improved
-
↑
Operating result improved
Operating result -115.9k NOK → -100.0k NOK. Calculated
What deteriorated
-
↓
Net result weakened
Net result -85.9k NOK → -100.0k NOK. Calculated
-
↓
Equity eroded
Book equity 11.15m NOK → 10 NOK (equity ratio 651.8% → 0.0%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation