ABRAFAM EIENDOM AS: årsregnskap 2020 vs 2019
Shrank 77% on revenue, weaker earnings, cash halved-plus
approved 2021-03-20; registry 2021-03-25; journal 2021 167695
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABRAFAM EIENDOM AS. Revenue 64.0k NOK → 15.0k NOK (-76.6%). Net result +662.0k NOK → +248.1k NOK. Equity 9.53m NOK → 10.78m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABRAFAM EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 9.53m NOK → 10.78m NOK (equity ratio 50.2% → 70.3%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 64.0k NOK to 15.0k NOK (-76.6% YoY). Calculated
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↓
Operating result weakened
Operating result +18.2k NOK → -59.7k NOK (op. margin 28.5% → -398.2%). Calculated
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↓
Net result weakened
Net result +662.0k NOK → +248.1k NOK (net margin 1034.4% → 1654.1%). Calculated
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↓
Cash fell
Bank deposits 397.7k NOK → 168.5k NOK (-57.6% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 16.83m NOK → 13.39m NOK. Reported fact