Org.nr 999 221 858 2019 → 2020 Year-over-year analysis

ABIKO HOLDING AS: årsregnskap 2020 vs 2019

Weaker earnings, cash halved-plus

approved 2021-05-10; registry 2021-05-12; journal 2021 283525

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ABIKO HOLDING AS. Net result +3.13m NOK → +3 906 NOK. Equity 3.95m NOK → 3.95m NOK.

On the constructive side: operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABIKO HOLDING AS.

Scorecard

Operating result
-16.5k NOK -14.9k NOK
+9.9%
Net result
+3.13m NOK +3 906 NOK
-99.9%
Equity
3.95m NOK 3.95m NOK
+0.1%
Cash
216.0k NOK 30.8k NOK
-85.7%
Total assets
4.60m NOK 4.55m NOK
-1.0%

What improved

  • ↑

    Operating result improved

    Operating result -16.5k NOK → -14.9k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 3.95m NOK → 3.95m NOK (equity ratio 85.8% → 86.8%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +3.13m NOK → +3 906 NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 216.0k NOK → 30.8k NOK (-85.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 3.72m NOK → 3.48m NOK. Reported fact