ABCONOR AS: årsregnskap 2020 vs 2019
Stronger earnings, cash halved-plus
approved 2021-05-31; registry 2021-06-03; journal 2021 382722
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABCONOR AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -83.8k NOK → -5 521 NOK. Equity 244.8k NOK → 239.3k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ABCONOR AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -67.0k NOK → -7 143 NOK. Calculated
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↑
Net result improved
Net result -83.8k NOK → -5 521 NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity 244.8k NOK → 239.3k NOK (equity ratio 45.5% → 100.0%). Calculated
-
↓
Cash fell
Bank deposits 444.8k NOK → 50.3k NOK (-88.7% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.52× → 0.17× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 244.8k NOK → 126.7k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 0 NOK → 7 100 NOK. Reported fact