ABRAHAMSEN EIENDOM AS: årsregnskap 2020 vs 2019
Grew 53% on revenue, slipped into loss, cash halved-plus
approved 2021-10-27; registry 2021-11-13; journal 2021 896578
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABRAHAMSEN EIENDOM AS. Revenue 155.0k NOK → 236.7k NOK (+52.7%). Net result +269.4k NOK → -42.8k NOK. Equity 37.2k NOK → -5 581 NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ABRAHAMSEN EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 155.0k NOK to 236.7k NOK (+52.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +14.1k NOK → -42.8k NOK (op. margin 9.1% → -18.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 269.4k NOK profit to a loss of 42.8k NOK. Calculated
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↓
Equity eroded
Book equity 37.2k NOK → -5 581 NOK (equity ratio 6.8% → -1.4%). Calculated
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↓
Cash fell
Bank deposits 18.1k NOK → 4 223 NOK (-76.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 10.6k NOK → 106.9k NOK (+908.8% YoY). Calculated