ABE UTVIKLING AS: årsregnskap 2020 vs 2019
Shrank 27% on revenue, slipped into loss, cash halved-plus
approved 2021-08-16; registry 2021-09-11; journal 2021 748169
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABE UTVIKLING AS. Revenue 829.2k NOK → 603.5k NOK (-27.2%). Net result +4 096 NOK → -485.9k NOK. Equity 79.1k NOK → 5.46m NOK.
On the constructive side: equity strengthened; current ratio back above 1×; owners injected capital. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABE UTVIKLING AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 79.1k NOK → 5.46m NOK (equity ratio 1.8% → 120.7%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.61× → 1.07×. Calculated
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↑
Owners injected capital
Paid-in equity rose 30.0k NOK → 900.0k NOK (+870.0k NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 829.2k NOK to 603.5k NOK (-27.2% YoY). Calculated
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↓
Operating result weakened
Operating result +460.4k NOK → -66.7k NOK (op. margin 55.5% → -11.0%). Calculated
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↓
Fell into a net loss
Net result flipped from 4 096 NOK profit to a loss of 485.9k NOK. Calculated
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↓
Cash fell
Bank deposits 21.1k NOK → 4 250 NOK (-79.9% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 156.6k NOK → 286.9k NOK (+83.2% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 339.7k NOK → 747.3k NOK. Reported fact