ABEL MEYERS GATE 30 AS: årsregnskap 2020 vs 2019
Grew 231% on revenue, weaker earnings, fresh owner capital
approved 2021-08-16; registry 2021-09-18; journal 2021 719792
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABEL MEYERS GATE 30 AS. Revenue 72.3k NOK → 238.9k NOK (+230.7%). Net result -2 673 NOK → -262.9k NOK. Equity 1.49m NOK → 1.61m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 72.3k NOK to 238.9k NOK (+230.7% YoY). Calculated
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Equity strengthened
Book equity 1.49m NOK → 1.61m NOK (equity ratio 19.8% → 27.2%). Calculated
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Cash rose
Bank deposits 1 516 NOK → 62.8k NOK (+4043.5% YoY). Calculated
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Owners injected capital
Paid-in equity rose 1 490 NOK → 1.88m NOK (+1.88m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -3 508 NOK → -303.0k NOK (op. margin -4.9% → -126.8%). Calculated
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↓
Net result weakened
Net result -2 673 NOK → -262.9k NOK (net margin -3.7% → -110.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 260.90× → 0.02× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated