Org.nr 922 905 533 2019 → 2020 Year-over-year analysis

ABG AS: årsregnskap 2020 vs 2019

Weaker earnings, fresh owner capital

approved 2021-08-31; registry 2021-10-14; journal 2021 816687

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ABG AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +14.2k NOK → 0 NOK. Equity 21.01m NOK → 21.01m NOK.

On the constructive side: cash rose; owners injected capital; payroll decreased. Pressures included: operating result weakened; net result weakened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABG AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-25.4k NOK -29.4k NOK
-16.0%
Net result
+14.2k NOK 0 NOK
-100.0%
Equity
21.01m NOK 21.01m NOK
0.0%
Cash
1 756 NOK 9 346 NOK
+432.2%
Total assets
29.08m NOK 21.01m NOK
-27.7%

What improved

  • ↑

    Cash rose

    Bank deposits 1 756 NOK → 9 346 NOK (+432.2% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 21 NOK → 21.01m NOK (+21.01m NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 26.76m NOK → 12 NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -25.4k NOK → -29.4k NOK. Calculated

  • ↓

    Net result weakened

    Net result +14.2k NOK → 0 NOK. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 10.78m NOK → 13 NOK (-100.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 13.6k NOK → 13.62m NOK. Reported fact