ABRI AS: årsregnskap 2020 vs 2019
Weaker earnings, cash halved-plus
approved 2021-06-14; registry 2021-06-16; journal 2021 430236
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABRI AS. Net result +1.80m NOK → +281.4k NOK. Equity 18.13m NOK → 17.50m NOK.
Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ABRI AS.
At a glance
Scorecard
What deteriorated
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↓
Operating result weakened
Operating result -20.0k NOK → -30.0k NOK. Calculated
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↓
Net result weakened
Net result +1.80m NOK → +281.4k NOK. Calculated
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↓
Equity eroded
Book equity 18.13m NOK → 17.50m NOK (equity ratio 99.7% → 99.8%). Calculated
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↓
Cash fell
Bank deposits 15.97m NOK → 977.5k NOK (-93.9% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (15.97m NOK → 977.5k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation