Org.nr 921 864 965 2019 → 2020 Year-over-year analysis

ABP EIENDOM AS: årsregnskap 2020 vs 2019

Stronger earnings, cash halved-plus

approved 2021-06-15; registry 2021-07-10; journal 2021 468879

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ABP EIENDOM AS. Net result +778.0k NOK → +1.98m NOK. Equity 25.60m NOK → 27.58m NOK.

On the constructive side: net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.

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

Scorecard

Operating result
-18.9k NOK -2.21m NOK
-11544.8%
Net result
+778.0k NOK +1.98m NOK
+154.6%
Equity
25.60m NOK 27.58m NOK
+7.7%
Cash
14.49m NOK 878.0k NOK
-93.9%
Total assets
25.78m NOK 43.25m NOK
+67.8%

What improved

  • ↑

    Net result improved

    Net result +778.0k NOK → +1.98m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 25.60m NOK → 27.58m NOK (equity ratio 99.3% → 63.8%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -18.9k NOK → -2.21m NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 14.49m NOK → 878.0k NOK (-93.9% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (14.49m NOK → 878.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 6.51m NOK → 7 621 NOK. Reported fact