Org.nr 919 124 563 2019 → 2020 Year-over-year analysis

ABRAHAMSSON INVEST AS: årsregnskap 2020 vs 2019

Returned to profit

approved 2021-04-13; registry 2021-05-11; journal 2021 223958

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ABRAHAMSSON INVEST AS. Net result -7 374 NOK → +92.6k NOK. Equity 10.9k NOK → 103.5k NOK.

On the constructive side: turned profitable; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABRAHAMSSON INVEST AS.

Scorecard

Operating result
+7 378 NOK -7 376 NOK
-200.0%
Net result
-7 374 NOK +92.6k NOK
+1356.1%
Equity
10.9k NOK 103.5k NOK
+852.8%
Cash
22.9k NOK 15.5k NOK
-32.2%
Total assets
42.9k NOK 135.5k NOK
+216.1%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 7 374 NOK to a profit of 92.6k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 10.9k NOK → 103.5k NOK (equity ratio 25.3% → 76.4%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.71× → 3.61×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +7 378 NOK → -7 376 NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 22.9k NOK → 15.5k NOK (-32.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 20.0k NOK → 1 NOK. Reported fact