ABI AUTO AS: årsregnskap 2020 vs 2019
Slipped into loss, cash halved-plus
approved 2021-03-20; registry 2021-04-26; journal 2021 230138
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABI AUTO AS. Revenue 621.3k NOK → 644.4k NOK (+3.7%). Net result +31.6k NOK → -99.4k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
621.3k NOK
644.4k NOK
+3.7%
Operating result
+19.8k NOK
-99.5k NOK
-601.9%
Net result
+31.6k NOK
-99.4k NOK
-415.1%
Equity
-26.0k NOK
n/m
—
Cash
838.2k NOK
127.8k NOK
-84.8%
Total assets
160.0k NOK
623.6k NOK
+289.8%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 621.3k NOK to 644.4k NOK (+3.7% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +19.8k NOK → -99.5k NOK (op. margin 3.2% → -15.4%). Calculated
-
↓
Fell into a net loss
Net result flipped from 31.6k NOK profit to a loss of 99.4k NOK. Calculated
-
↓
Cash fell
Bank deposits 838.2k NOK → 127.8k NOK (-84.8% YoY). Calculated