FirmaIQ
Org.nr 923 417 265 2019 → 2020 Year-over-year analysis

ABEL INTERIØRARKITEKTER AS: årsregnskap 2020 vs 2019

Returned to profit

approved 2021-03-02; registry 2021-04-26; journal 2021 226712

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABEL INTERIØRARKITEKTER AS. Net result -5 569 NOK → +92.5k NOK. Equity 24.4k NOK → 5.12m NOK.

On the constructive side: turned profitable; equity strengthened. Pressures included: operating result weakened; cash fell; current ratio dropped below 1×.

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

At a glance

Scorecard

Operating result
-5 575 NOK -8 849 NOK
-58.7%
Net result
-5 569 NOK +92.5k NOK
+1761.2%
Equity
24.4k NOK 5.12m NOK
+20844.5%
Cash
30.0k NOK 21.5k NOK
-28.3%
Total assets
1.07m NOK 1.06m NOK
-0.8%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 5 569 NOK to a profit of 92.5k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 24.4k NOK → 5.12m NOK (equity ratio 2.3% → 484.0%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -5 575 NOK → -8 849 NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 30.0k NOK → 21.5k NOK (-28.3% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 28.82× → 0.02× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1 035 NOK → 1.04m NOK. Reported fact