ABH EIENDOM AS: årsregnskap 2020 vs 2019
Stronger earnings, cash halved-plus
approved 2021-04-21; registry 2021-07-08; journal 2021 459937
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABH EIENDOM AS. Net result +604.3k NOK → +777.4k NOK. Equity 25.55m NOK → 26.33m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ABH EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -45.9k NOK → -24.5k NOK. Calculated
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↑
Net result improved
Net result +604.3k NOK → +777.4k NOK. Calculated
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↑
Equity strengthened
Book equity 25.55m NOK → 26.33m NOK (equity ratio 30.6% → 32.2%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 3.42m NOK → 1.13m NOK (-67.0% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (3.42m NOK → 1.13m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 79.43m NOK → 80.55m NOK. Reported fact