Org.nr 984 204 442 2019 → 2020 Year-over-year analysis

ABSYN HOLDING AS: årsregnskap 2020 vs 2019

Slipped into loss

approved 2021-08-20; registry 2021-09-21; journal 2021 777332

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABSYN HOLDING AS. Net result +1.12m NOK → -64.2k NOK. Equity 8.09m NOK → 8.03m NOK.

On the constructive side: cash rose; payroll decreased. 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 ABSYN HOLDING AS.

At a glance

Revenue

n/m 825.2k NOK

—

Operating result

+404.8k NOK -90.8k NOK

-122.4%

Net result

+1.12m NOK -64.2k NOK

-105.7%

Equity

8.09m NOK 8.03m NOK

-0.8%

Cash

54.0k NOK 206.6k NOK

+282.9%

Total assets

8.41m NOK 8.42m NOK

+0.2%

↓
Operating result weakened

Operating result +404.8k NOK → -90.8k NOK. Calculated
↓
Fell into a net loss

Net result flipped from 1.12m NOK profit to a loss of 64.2k NOK. Calculated
↓
Equity eroded

Book equity 8.09m NOK → 8.03m NOK (equity ratio 96.2% → 95.3%). Calculated

·
Book investments changed

Investment / intangible book value 1 NOK → -106.8k NOK. Reported fact