ABC FORUM AS: årsregnskap 2020 vs 2019
Slipped into loss
approved 2021-05-16; registry 2021-05-27; journal 2021 334861
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABC FORUM AS. Revenue 495.0k NOK → 516.5k NOK (+4.3%). Net result +342.0k NOK → -6 789 NOK. Equity 3.42m NOK → 3.42m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABC FORUM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 495.0k NOK to 516.5k NOK (+4.3% YoY). Calculated
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↑
Cash rose
Bank deposits 397.9k NOK → 773.4k NOK (+94.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +39.5k NOK → +32.6k NOK (op. margin 8.0% → 6.3%). Calculated
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↓
Fell into a net loss
Net result flipped from 342.0k NOK profit to a loss of 6 789 NOK. Calculated
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↓
Equity eroded
Book equity 3.42m NOK → 3.42m NOK (equity ratio 87.7% → 51.6%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 2.28m NOK → 5.72m NOK. Reported fact