ABC MOJO CAPITAL HOLDING AS: årsregnskap 2020 vs 2019
Slipped into loss
approved 2021-08-12; registry 2021-08-31; journal 2021 654537
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABC MOJO CAPITAL HOLDING AS. Revenue 49.8k NOK → 49.8k NOK (0.0%). Net result +5.58m NOK → -22.0k NOK. Equity -221.0k NOK → -243.0k NOK.
On the constructive side: cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABC MOJO CAPITAL HOLDING AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 5 681 NOK → 41.7k NOK (+634.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +23.5k NOK → -13.7k NOK (op. margin 47.2% → -27.5%). Calculated
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↓
Fell into a net loss
Net result flipped from 5.58m NOK profit to a loss of 22.0k NOK. Calculated
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↓
Equity eroded
Book equity -221.0k NOK → -243.0k NOK (equity ratio -33.2% → -37.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -37.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 3.12m NOK → 116.5k NOK. Reported fact