Org.nr 819 482 292 2019 → 2020 Year-over-year analysis

ABBOR INVEST AS: årsregnskap 2020 vs 2019

Shrank 90% on revenue, weaker earnings

approved 2021-06-30; registry 2021-07-05; journal 2021 519812

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABBOR INVEST AS. Revenue 2.01m NOK → 192.7k NOK (-90.4%). Net result +607.4k NOK → +132.1k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Revenue

2.01m NOK 192.7k NOK

-90.4%

Operating result

+855.5k NOK +140.3k NOK

-83.6%

Net result

+607.4k NOK +132.1k NOK

-78.3%

Equity

n/m 1.97m NOK

—

Cash

1.23m NOK 641.1k NOK

-48.0%

Total assets

2.21m NOK 1.96m NOK

-11.3%

↓
Revenue fell

Operating income / revenue moved from 2.01m NOK to 192.7k NOK (-90.4% YoY). Calculated
↓
Operating result weakened

Operating result +855.5k NOK → +140.3k NOK (op. margin 42.5% → 72.8%). Calculated
↓
Net result weakened

Net result +607.4k NOK → +132.1k NOK (net margin 30.2% → 68.6%). Calculated
↓
Cash fell

Bank deposits 1.23m NOK → 641.1k NOK (-48.0% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 5.96× → -181.20× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated