ABO AS: årsregnskap 2020 vs 2019
Stronger earnings, cash halved-plus
approved 2021-03-03; registry 2021-03-06; journal 2021 136314
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABO AS. Net result +121.0k NOK → +661.5k NOK. Equity 13.65m NOK → 17.81m NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABO AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +121.0k NOK → +661.5k NOK. Calculated
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↑
Equity strengthened
Book equity 13.65m NOK → 17.81m NOK (equity ratio 87.2% → 92.2%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -9 247 NOK → -9 298 NOK. Calculated
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↓
Cash fell
Bank deposits 746.3k NOK → 311.0k NOK (-58.3% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 14.90m NOK → 14.00m NOK. Reported fact