FirmaIQ
Org.nr 913 927 621 2019 → 2020 Year-over-year analysis

ABG SCANDINAVIA HOLDINGS AS: årsregnskap 2020 vs 2019

Stronger earnings, cash halved-plus, fresh owner capital

approved 2021-06-17; registry 2021-09-11; journal 2021 694850

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABG SCANDINAVIA HOLDINGS AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -450.36m NOK → -248.69m NOK. Equity -6.76m NOK → -8.86m NOK.

On the constructive side: operating result improved; net result improved; owners injected capital. Pressures included: equity eroded; cash fell.

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

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-139.2k NOK -31.2k NOK
+77.5%
Net result
-450.36m NOK -248.69m NOK
+44.8%
Equity
-6.76m NOK -8.86m NOK
-31.1%
Cash
3.60m NOK 1.67m NOK
-53.6%
Total assets
92.84m NOK 151.83m NOK
+63.5%

What improved

  • ↑

    Operating result improved

    Operating result -139.2k NOK → -31.2k NOK. Calculated

  • ↑

    Net result improved

    Net result -450.36m NOK → -248.69m NOK. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 701.82m NOK → 948.41m NOK (+246.59m NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity -6.76m NOK → -8.86m NOK (equity ratio -7.3% → -5.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.60m NOK → 1.67m NOK (-53.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 84.05m NOK → 144.97m NOK. Reported fact