Org.nr 912 520 935 2019 → 2020 Year-over-year analysis

ABCHUS HOLDING AS: årsregnskap 2020 vs 2019

Shrank 98% on revenue, returned to profit, fresh owner capital

approved 2021-06-17; registry 2021-07-31; journal 2021 564613

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ABCHUS HOLDING AS. Revenue 1.09m NOK → 17.8k NOK (-98.4%). Net result -49.49m NOK → +176.2k NOK. Equity 3.13bn NOK → 4.13bn NOK.

On the constructive side: turned profitable; equity strengthened; owners injected capital. Pressures included: revenue fell; operating result weakened; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABCHUS HOLDING AS.

Scorecard

Revenue
1.09m NOK 17.8k NOK
-98.4%
Operating result
-3 488 NOK -24.1k NOK
-591.9%
Net result
-49.49m NOK +176.2k NOK
+100.4%
Equity
3.13bn NOK 4.13bn NOK
+32.0%
Cash
544.6k NOK 292.7k NOK
-46.3%
Total assets
160.67m NOK 137.04m NOK
-14.7%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 49.49m NOK to a profit of 176.2k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 3.13bn NOK → 4.13bn NOK (equity ratio 1948.2% → 3014.2%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 184.6k NOK → 185.02m NOK (+184.84m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.09m NOK to 17.8k NOK (-98.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -3 488 NOK → -24.1k NOK (op. margin -0.3% → -135.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 544.6k NOK → 292.7k NOK (-46.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 135.03m NOK → 135.67m NOK. Reported fact