Org.nr 962 225 217 2019 → 2020 Year-over-year analysis

ABLE PRODUCTS AS: årsregnskap 2020 vs 2019

A steady year on the published lines

approved 2021-03-12; registry 2021-03-25; journal 2021 170236

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ABLE PRODUCTS AS. Equity 13.56m NOK → 13.69m NOK.

On the constructive side: equity strengthened. Pressures included: cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Operating result
n/m -29.4k NOK
—
Net result
n/m +134.3k NOK
—
Equity
13.56m NOK 13.69m NOK
+1.0%
Cash
3.35m NOK 2.71m NOK
-19.0%
Total assets
18.58m NOK 13.75m NOK
-26.0%

What improved

  • ↑

    Equity strengthened

    Book equity 13.56m NOK → 13.69m NOK (equity ratio 73.0% → 99.6%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 3.35m NOK → 2.71m NOK (-19.0% YoY). Calculated