Org.nr 917 666 040 2019 → 2020 Year-over-year analysis

ABN INVEST AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-08-12; registry 2021-09-04; journal 2021 665518

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ABN INVEST AS. Revenue 0 NOK → 6.10m NOK. Net result +15.25m NOK → +6.07m NOK. Equity 24.19m NOK → 30.25m NOK.

On the constructive side: revenue rose; 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 ABN INVEST AS.

Scorecard

Revenue
0 NOK 6.10m NOK
—
Operating result
+1 450 NOK +6.07m NOK
+418271.0%
Net result
+15.25m NOK +6.07m NOK
-60.2%
Equity
24.19m NOK 30.25m NOK
+25.1%
Cash
9.24m NOK 5.11m NOK
-44.7%
Total assets
24.29m NOK 30.31m NOK
+24.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 6.10m NOK. Calculated

  • ↑

    Operating result improved

    Operating result +1 450 NOK → +6.07m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 24.19m NOK → 30.25m NOK (equity ratio 99.6% → 99.8%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +15.25m NOK → +6.07m NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 9.24m NOK → 5.11m NOK (-44.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 15.06m NOK → 18.94m NOK. Reported fact