ABRY KAVANAGH SOLUTIONS AS: årsregnskap 2020 vs 2019
Shrank 100% on revenue, slipped into loss, cash halved-plus
approved 2021-06-14; registry 2021-06-21; journal 2021 450495
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABRY KAVANAGH SOLUTIONS AS. Revenue 171 NOK → 0 NOK (-100.0%). Net result +5 915 NOK → -5 456 NOK. Equity 68.8k NOK → 63.4k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; fell into a net loss; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -5 979 NOK → -5 464 NOK. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 171 NOK to 0 NOK (-100.0% YoY). Calculated
-
↓
Fell into a net loss
Net result flipped from 5 915 NOK profit to a loss of 5 456 NOK. Calculated
-
↓
Equity eroded
Book equity 68.8k NOK → 63.4k NOK (equity ratio 26.1% → 24.6%). Calculated
-
↓
Cash fell
Bank deposits 69.3k NOK → 3 552 NOK (-94.9% YoY). Calculated