ABR PARTNERS AS: årsregnskap 2020 vs 2019
Slipped into loss, cash halved-plus
approved 2021-08-17; registry 2021-09-22; journal 2021 777883
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABR PARTNERS AS. Net result +17.0k NOK → -125.7k NOK. Equity 41.4k NOK → -84.3k NOK.
On the constructive side: operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABR PARTNERS AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -51.5k NOK → -50.1k NOK. Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 17.0k NOK profit to a loss of 125.7k NOK. Calculated
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↓
Equity eroded
Book equity 41.4k NOK → -84.3k NOK (equity ratio 1.4% → -2.7%). Calculated
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↓
Cash fell
Bank deposits 20.6k NOK → 7 216 NOK (-64.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -2.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 2 067 NOK → 3.12m NOK. Reported fact