ABNO AS: årsregnskap 2020 vs 2019
Stronger earnings, cash halved-plus
approved 2021-03-26; registry 2021-04-19; journal 2021 206770
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABNO AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -941.6k NOK → -372.9k NOK. Equity -441.6k NOK → -107.3k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: cash fell; payroll up without matching revenue.
Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for ABNO AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -934.6k NOK → -370.4k NOK. Calculated
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↑
Net result improved
Net result -941.6k NOK → -372.9k NOK. Calculated
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↑
Equity strengthened
Book equity -441.6k NOK → -107.3k NOK (equity ratio -123.1% → -226.4%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 337.2k NOK → 47.4k NOK (-86.0% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1 580 NOK → 267.0k NOK. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -226.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 500.0k NOK → 207.2k NOK — check capital reduction, conversion, or reclassification. Interpretation