ABBON AS: årsregnskap 2020 vs 2019
Slipped into loss
approved 2021-06-11; registry 2021-08-30; journal 2021 650497
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABBON AS. Net result +17.4k NOK → -7 619 NOK. Equity 1 564 NOK → 0 NOK.
On the constructive side: payroll decreased. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: operating result unchanged; thin equity buffer. All figures are taken from the published annual accounts for ABBON AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 7 625 NOK → 351 NOK. Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 17.4k NOK profit to a loss of 7 619 NOK. Calculated
-
↓
Equity eroded
Book equity 1 564 NOK → 0 NOK (equity ratio 9.0% → 0.0%). Calculated
-
↓
Cash fell
Bank deposits 17.5k NOK → 9 836 NOK (-43.6% YoY). Calculated
Things to notice
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·
Operating result unchanged
Operating result -7 625 NOK → -7 625 NOK. Calculated
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation