ABSOLUTE AS: årsregnskap 2020 vs 2019
Slipped into loss
approved 2021-05-18; registry 2021-07-03; journal 2021 513934
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABSOLUTE AS. Net result +138.4k NOK → -26.8k NOK. Equity 945.8k NOK → 919.0k NOK.
On the constructive side: operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Operating result
-15.1k NOK
-7 100 NOK
+53.1%
Net result
+138.4k NOK
-26.8k NOK
-119.4%
Equity
945.8k NOK
919.0k NOK
-2.8%
Cash
21.9k NOK
15.3k NOK
-29.8%
Total assets
1.95m NOK
922.0k NOK
-52.7%
What improved
-
↑
Operating result improved
Operating result -15.1k NOK → -7 100 NOK. Calculated
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 138.4k NOK profit to a loss of 26.8k NOK. Calculated
-
↓
Equity eroded
Book equity 945.8k NOK → 919.0k NOK (equity ratio 48.5% → 99.7%). Calculated
-
↓
Cash fell
Bank deposits 21.9k NOK → 15.3k NOK (-29.8% YoY). Calculated