ABIA AS: årsregnskap 2020 vs 2019
Shrank 100% on revenue, weaker earnings
approved 2021-04-28; registry 2021-05-12; journal 2021 285951
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABIA AS. Revenue 20.1k NOK → 0 NOK (-100.0%). Net result -174 NOK → -17.1k NOK. Equity 87.6k NOK → 70.5k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 57.3k NOK → 59.1k NOK (+3.1% YoY). Calculated
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↑
Payroll decreased
Salary cost 38.2k NOK → 38 NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 20.1k NOK to 0 NOK (-100.0% YoY). Calculated
-
↓
Operating result weakened
Operating result -267 NOK → -13.7k NOK. Calculated
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↓
Net result weakened
Net result -174 NOK → -17.1k NOK. Calculated
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↓
Equity eroded
Book equity 87.6k NOK → 70.5k NOK (equity ratio 92.9% → 100.0%). Calculated