ABEIENDOM HOLDING AS: årsregnskap 2020 vs 2019
Slipped into loss, cash halved-plus
approved 2021-06-18; registry 2021-07-17; journal 2021 507547
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABEIENDOM HOLDING AS. Revenue 280.0k NOK → 280.0k NOK (0.0%). Net result +395.3k NOK → -501.3k NOK. Equity 9.62m NOK → 120.7k NOK.
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 ABEIENDOM HOLDING AS.
At a glance
Scorecard
What deteriorated
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Operating result weakened
Operating result +226.2k NOK → -17.7k NOK (op. margin 80.8% → -6.3%). Calculated
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Fell into a net loss
Net result flipped from 395.3k NOK profit to a loss of 501.3k NOK. Calculated
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Equity eroded
Book equity 9.62m NOK → 120.7k NOK (equity ratio 1662.7% → 1.5%). Calculated
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Cash fell
Bank deposits 480.7k NOK → 16.3k NOK (-96.6% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 6.51× → 0.02× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Thin equity buffer
Equity ratio is 1.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Book investments changed
Investment / intangible book value 786.7k NOK → 7.76m NOK. Reported fact