Org.nr 923 875 093 2019 → 2020 Year-over-year analysis

ABITT AS: årsregnskap 2020 vs 2019

Slipped into loss

approved 2021-07-28; registry 2021-08-02; journal 2021 602328

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABITT AS. Revenue 0 NOK → 2 279 NOK. Net result +2 NOK → -28.1k NOK. Equity 30.0k NOK → 1 893 NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABITT AS.

At a glance

Revenue

0 NOK 2 279 NOK

—

Operating result

0 NOK -27.7k NOK

—

Net result

+2 NOK -28.1k NOK

-1405600.0%

Equity

30.0k NOK 1 893 NOK

-93.7%

Cash

n/m 1 893 NOK

—

Total assets

0 NOK 1 893 NOK

—

↑
Revenue rose

Operating income / revenue moved from 0 NOK to 2 279 NOK. Calculated

↓
Operating result weakened

Operating result 0 NOK → -27.7k NOK. Calculated
↓
Fell into a net loss

Net result flipped from 2 NOK profit to a loss of 28.1k NOK. Calculated
↓
Equity eroded

Book equity 30.0k NOK → 1 893 NOK. Calculated