Org.nr 923 187 685 2018 → 2019 Year-over-year analysis

ABN SCANDINAVIA HOLDING AS: årsregnskap 2019 vs 2018

Cash halved-plus

approved 2020-03-02; registry 2020-04-01; journal 2020 269773

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ABN SCANDINAVIA HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Equity 1.19m NOK → 3.20m NOK.

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

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ABN SCANDINAVIA HOLDING AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
n/m -57.2k NOK
—
Net result
n/m +2.01m NOK
—
Equity
1.19m NOK 3.20m NOK
+167.9%
Cash
1.20m NOK 137.4k NOK
-88.6%
Total assets
1.20m NOK 6.54m NOK
+444.6%

What improved

  • ↑

    Equity strengthened

    Book equity 1.19m NOK → 3.20m NOK (equity ratio 99.5% → 49.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 1.20m NOK → 137.4k NOK (-88.6% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.20m NOK → 137.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 4 300 NOK. Reported fact