ABSO AS: årsregnskap 2020 vs 2019
Slipped into loss
approved 2021-05-31; registry 2021-06-14; journal 2021 417567
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABSO AS. Net result +4 NOK → -398.2k NOK. Equity 4.48m NOK → 83.0k NOK.
Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABSO AS.
At a glance
Scorecard
What deteriorated
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↓
Fell into a net loss
Net result flipped from 4 NOK profit to a loss of 398.2k NOK. Calculated
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↓
Equity eroded
Book equity 4.48m NOK → 83.0k NOK (equity ratio 52.7% → 1.0%). Calculated
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↓
Cash fell
Bank deposits 541.8k NOK → 382.9k NOK (-29.3% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 1.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Book investments changed
Investment / intangible book value 7 958 NOK → 7.96m NOK. Reported fact