Org.nr 996 933 288 2019 → 2020 Year-over-year analysis

ABI 3 OASEN NÆRINGSGÅRD AS: årsregnskap 2020 vs 2019

Shrank 100% on revenue, slipped into loss

approved 2021-02-25; registry 2021-03-10; journal 2021 142005

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ABI 3 OASEN NÆRINGSGÅRD AS. Revenue 160.5k NOK → 500 NOK (-99.7%). Net result +55.8k NOK → -154.2k NOK. Equity -552.3k NOK → -706.4k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABI 3 OASEN NÆRINGSGÅRD AS.

Scorecard

Revenue
160.5k NOK 500 NOK
-99.7%
Operating result
+102.1k NOK -46.1k NOK
-145.1%
Net result
+55.8k NOK -154.2k NOK
-376.4%
Equity
-552.3k NOK -706.4k NOK
-27.9%
Cash
38.3k NOK 24.1k NOK
-37.1%
Total assets
9.06m NOK 9.08m NOK
+0.3%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 160.5k NOK to 500 NOK (-99.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +102.1k NOK → -46.1k NOK (op. margin 63.6% → -9214.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 55.8k NOK profit to a loss of 154.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -552.3k NOK → -706.4k NOK (equity ratio -6.1% → -7.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 38.3k NOK → 24.1k NOK (-37.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -7.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation