ABC GAMLESKULEN AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-07-31; registry 2021-09-02; journal 2021 710748
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABC GAMLESKULEN AS. Revenue 96.0k NOK → 96.0k NOK (0.0%). Net result -15.2k NOK → -69.2k NOK. Equity -6 800 NOK → -76.0k NOK.
Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABC GAMLESKULEN AS.
At a glance
Scorecard
What deteriorated
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↓
Operating result weakened
Operating result +3 589 NOK → -63.6k NOK (op. margin 3.7% → -66.3%). Calculated
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↓
Net result weakened
Net result -15.2k NOK → -69.2k NOK (net margin -15.9% → -72.1%). Calculated
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↓
Equity eroded
Book equity -6 800 NOK → -76.0k NOK (equity ratio -1.2% → -15.4%). Calculated
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↓
Cash fell
Bank deposits 106.6k NOK → 57.1k NOK (-46.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -15.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation