ABRAHAMSSON HOLDING AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-01-18; registry 2021-02-23; journal 2021 123190
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABRAHAMSSON HOLDING AS. Net result -14.0k NOK → -51.7k NOK. Equity 96.8k NOK → 45.1k NOK.
On the constructive side: cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for ABRAHAMSSON HOLDING AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 775 NOK → 449.9k NOK (+57956.6% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -14.0k NOK → -51.5k NOK. Calculated
-
↓
Net result weakened
Net result -14.0k NOK → -51.7k NOK. Calculated
-
↓
Equity eroded
Book equity 96.8k NOK → 45.1k NOK (equity ratio 20.0% → 0.7%). Calculated
-
↓
COGS moved
COGS / varekostnad 14.0k NOK → 51.5k NOK (+268.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Paid-in equity reduced
Paid-in equity fell 96.8k NOK → 45.1k NOK — check capital reduction, conversion, or reclassification. Interpretation