Org.nr 912 422 674 2019 → 2020 Year-over-year analysis

ABO HOLDING AS: årsregnskap 2020 vs 2019

Slipped into loss

approved 2021-08-19; registry 2021-10-20; journal 2021 839498

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ABO HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +134.3k NOK → -894.3k NOK. Equity 14.84m NOK → 13.69m NOK.

On the constructive side: operating result improved; cash rose. Pressures included: fell into a net loss; equity eroded.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ABO HOLDING AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-33.2k NOK -22.9k NOK
+30.9%
Net result
+134.3k NOK -894.3k NOK
-765.9%
Equity
14.84m NOK 13.69m NOK
-7.7%
Cash
4.40m NOK 5.04m NOK
+14.6%
Total assets
14.84m NOK 13.74m NOK
-7.4%

What improved

  • ↑

    Operating result improved

    Operating result -33.2k NOK → -22.9k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 4.40m NOK → 5.04m NOK (+14.6% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 134.3k NOK profit to a loss of 894.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 14.84m NOK → 13.69m NOK (equity ratio 100.0% → 99.6%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 14.74m NOK → 13.69m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 4.53m NOK → 3.63m NOK. Reported fact