FirmaIQ
Org.nr 913 927 621 2018 → 2019 Year-over-year analysis

ABG SCANDINAVIA HOLDINGS AS: årsregnskap 2019 vs 2018

Cash halved-plus, fresh owner capital

approved 2020-06-29; registry 2020-07-23; journal 2020 597628

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABG SCANDINAVIA HOLDINGS AS. Equity -257.09m NOK → -6.76m NOK.

On the constructive side: equity strengthened; owners injected capital. Pressures included: cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ABG SCANDINAVIA HOLDINGS AS.

At a glance

Scorecard

Revenue
n/m 0 NOK
—
Operating result
n/m -139.2k NOK
—
Net result
n/m -450.36m NOK
—
Equity
-257.09m NOK -6.76m NOK
+97.4%
Cash
10.27m NOK 3.60m NOK
-65.0%
Total assets
294.85m NOK 92.84m NOK
-68.5%

What improved

  • ↑

    Equity strengthened

    Book equity -257.09m NOK → -6.76m NOK (equity ratio -87.2% → -7.3%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.13m NOK → 701.82m NOK (+700.69m NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 10.27m NOK → 3.60m NOK (-65.0% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (10.27m NOK → 3.60m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 254.48m NOK → 84.05m NOK. Reported fact