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Org.nr 924 303 832 2019 → 2020 Year-over-year analysis

ABG CONSULTING AS: årsregnskap 2020 vs 2019

Cash halved-plus

approved 2021-08-20; registry 2021-09-11; journal 2021 747059

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABG CONSULTING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -5 569 NOK → -6 939 NOK. Equity 24.4k NOK → 17.5k NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABG CONSULTING AS.

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-5 570 NOK -6 950 NOK
-24.8%
Net result
-5 569 NOK -6 939 NOK
-24.6%
Equity
24.4k NOK 17.5k NOK
-28.4%
Cash
30.0k NOK 10.7k NOK
-64.3%
Total assets
30.0k NOK 303.5k NOK
+911.6%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -5 570 NOK → -6 950 NOK. Calculated

  • ↓

    Net result weakened

    Net result -5 569 NOK → -6 939 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 24.4k NOK → 17.5k NOK (equity ratio 81.4% → 5.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 30.0k NOK → 10.7k NOK (-64.3% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 5.39× → 0.04× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 5.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation