Org.nr 896 314 122 2019 → 2020 Year-over-year analysis

ABEL INVEST AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-05-10; registry 2021-07-10; journal 2021 465993

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABEL INVEST AS. Net result +1.28m NOK → +3.14m NOK. Equity 5.62m NOK → 8.26m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: operating result weakened.

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

At a glance

Operating result

-14.9k NOK -21.7k NOK

-45.5%

Net result

+1.28m NOK +3.14m NOK

+144.8%

Equity

5.62m NOK 8.26m NOK

+46.9%

Cash

3.97m NOK 4.31m NOK

+8.5%

Total assets

7.15m NOK 8.79m NOK

+22.9%

↑
Net result improved

Net result +1.28m NOK → +3.14m NOK. Calculated
↑
Equity strengthened

Book equity 5.62m NOK → 8.26m NOK (equity ratio 78.6% → 94.0%). Calculated
↑
Cash rose

Bank deposits 3.97m NOK → 4.31m NOK (+8.5% YoY). Calculated

↓
Operating result weakened

Operating result -14.9k NOK → -21.7k NOK. Calculated

·
Book investments changed

Investment / intangible book value 3 NOK → 4.13m NOK. Reported fact