ABIF TOMTEFESTE I AS: årsregnskap 2020 vs 2019
Returned to profit, cash halved-plus
approved 2021-04-02; registry 2021-04-21; journal 2021 214918
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABIF TOMTEFESTE I AS. Net result -64.2k NOK → +82.4k NOK. Equity 783.2k NOK → 865.7k NOK.
On the constructive side: turned profitable; equity strengthened. Pressures included: operating result weakened; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Operating result
-56.3k NOK
-57.0k NOK
-1.4%
Net result
-64.2k NOK
+82.4k NOK
+228.4%
Equity
783.2k NOK
865.7k NOK
+10.5%
Cash
230.7k NOK
101.7k NOK
-55.9%
Total assets
1.01m NOK
883.1k NOK
-12.8%
What improved
-
↑
Turned profitable
Net result flipped from a loss of 64.2k NOK to a profit of 82.4k NOK. Calculated
-
↑
Equity strengthened
Book equity 783.2k NOK → 865.7k NOK (equity ratio 77.4% → 98.0%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -56.3k NOK → -57.0k NOK. Calculated
-
↓
Cash fell
Bank deposits 230.7k NOK → 101.7k NOK (-55.9% YoY). Calculated