ABD-HOLDING AS: årsregnskap 2020 vs 2019
Shrank 72% on revenue, weaker earnings, cash halved-plus
approved 2021-06-30; registry 2021-09-07; journal 2021 734745
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABD-HOLDING AS. Revenue 344.1k NOK → 96.7k NOK (-71.9%). Net result +767.5k NOK → +74.1k NOK. Equity 608.1k NOK → 682.2k NOK.
On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABD-HOLDING AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 608.1k NOK → 682.2k NOK (equity ratio 339.9% → 56.6%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.80× → 16.78×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 344.1k NOK to 96.7k NOK (-71.9% YoY). Calculated
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↓
Operating result weakened
Operating result +759.1k NOK → +46.5k NOK (op. margin 220.6% → 48.1%). Calculated
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↓
Net result weakened
Net result +767.5k NOK → +74.1k NOK (net margin 223.1% → 76.6%). Calculated
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↓
Cash fell
Bank deposits 514.9k NOK → 192.1k NOK (-62.7% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 124.5k NOK → 2 578 NOK (-97.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 200.0k NOK → 681.5k NOK. Reported fact