Org.nr 821 000 882 2019 → 2020 Year-over-year analysis

ABNC AS: årsregnskap 2020 vs 2019

Shrank 92% on revenue, slipped into loss

approved 2021-08-31; registry 2021-09-02; journal 2021 716190

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ABNC AS. Revenue 153.9k NOK → 12.3k NOK (-92.0%). Net result +1 293 NOK → -223.9k NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

Scorecard

Revenue
153.9k NOK 12.3k NOK
-92.0%
Operating result
+1 954 NOK -223.9k NOK
-11558.1%
Net result
+1 293 NOK -223.9k NOK
-17415.5%
Equity
n/m -195.7k NOK
—
Cash
82.5k NOK 84.9k NOK
+3.0%
Total assets
117.4k NOK 97.0k NOK
-17.4%

What improved

  • ↑

    Cash rose

    Bank deposits 82.5k NOK → 84.9k NOK (+3.0% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 6230.84bn NOK → 5 NOK (4048842130% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 153.9k NOK to 12.3k NOK (-92.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1 954 NOK → -223.9k NOK (op. margin 1.3% → -1820.3%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 1 293 NOK profit to a loss of 223.9k NOK. Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.27× → 0.32× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    COGS moved

    COGS / varekostnad 352 NOK → 971.4k NOK (+275852.3% YoY). Calculated