Org.nr 993 250 562 2019 → 2020 Year-over-year analysis

ABRE INVEST AS: årsregnskap 2020 vs 2019

Slipped into loss, cash halved-plus

approved 2021-08-16; registry 2021-08-18; journal 2021 642715

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABRE INVEST AS. Net result +13.2k NOK → -15.2k NOK. Equity 1.53m NOK → 1.51m NOK.

Pressures included: operating result weakened; fell into a net loss; equity eroded.

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

At a glance

Operating result

-11.2k NOK -16.9k NOK

-50.0%

Net result

+13.2k NOK -15.2k NOK

-214.7%

Equity

1.53m NOK 1.51m NOK

-1.0%

Cash

1.22m NOK 589.6k NOK

-51.5%

Total assets

525.8k NOK 1.53m NOK

+190.2%

↓
Operating result weakened

Operating result -11.2k NOK → -16.9k NOK. Calculated
↓
Fell into a net loss

Net result flipped from 13.2k NOK profit to a loss of 15.2k NOK. Calculated
↓
Equity eroded

Book equity 1.53m NOK → 1.51m NOK (equity ratio 290.2% → 99.0%). Calculated
↓
Cash fell

Bank deposits 1.22m NOK → 589.6k NOK (-51.5% YoY). Calculated

·
Book investments changed

Investment / intangible book value 3 199 NOK → 827.4k NOK. Reported fact