ABIF TOMTEFESTE I LØKKETANGEN AS: årsregnskap 2020 vs 2019
Another loss-making year
approved 2021-04-01; registry 2021-04-21; journal 2021 214980
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABIF TOMTEFESTE I LØKKETANGEN AS. Net result -24.5k NOK → -25.5k NOK. Equity -101.5k NOK → -127.0k NOK.
Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABIF TOMTEFESTE I LØKKETANGEN AS.
At a glance
Scorecard
What deteriorated
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↓
Operating result weakened
Operating result -25.0k NOK → -25.8k NOK. Calculated
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↓
Equity eroded
Book equity -101.5k NOK → -127.0k NOK (equity ratio -183.8% → -427.9%). Calculated
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↓
Cash fell
Bank deposits 55.2k NOK → 29.7k NOK (-46.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -427.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation