Org.nr 987 030 569 2019 → 2020 Year-over-year analysis

ABELSNES INVEST AS: årsregnskap 2020 vs 2019

Slipped into loss, fresh owner capital

registry 2021-06-14; journal 2021 305630

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ABELSNES INVEST AS. Revenue 60.0k NOK → 60.0k NOK (0.0%). Net result +27.3k NOK → -75.7k NOK. Equity -210.5k NOK → -286.2k NOK.

On the constructive side: owners injected capital. Pressures included: operating result weakened; fell into a net loss; equity eroded.

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

Scorecard

Revenue
60.0k NOK 60.0k NOK
0.0%
Operating result
-1 497 NOK -149.7k NOK
-9896.9%
Net result
+27.3k NOK -75.7k NOK
-377.8%
Equity
-210.5k NOK -286.2k NOK
-36.0%
Cash
53.6k NOK 36.7k NOK
-31.5%
Total assets
445.8k NOK 1.63m NOK
+265.5%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 2.58m NOK → 4.01m NOK (+1.43m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -1 497 NOK → -149.7k NOK (op. margin -2.5% → -249.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 27.3k NOK profit to a loss of 75.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -210.5k NOK → -286.2k NOK (equity ratio -47.2% → -17.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 53.6k NOK → 36.7k NOK (-31.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 989.6k NOK → 217.9k NOK. Reported fact