ABU 9 AS: årsregnskap 2020 vs 2019
Grew 1941% on revenue, weaker earnings, fresh owner capital
approved 2021-05-27; registry 2021-06-02; journal 2021 369286
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABU 9 AS. Revenue 12.8k NOK → 261.3k NOK (+1941.1%). Net result -24.8k NOK → -56.8k NOK. Equity 229.2k NOK → 234.6k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABU 9 AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 12.8k NOK to 261.3k NOK (+1941.1% YoY). Calculated
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↑
Equity strengthened
Book equity 229.2k NOK → 234.6k NOK (equity ratio 23.3% → 4.6%). Calculated
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↑
Cash rose
Bank deposits 13.0k NOK → 88.6k NOK (+583.6% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 30.0k NOK → 92.2k NOK (+62.2k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -17.7k NOK → -78.4k NOK (op. margin -138.2% → -30.0%). Calculated
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↓
Net result weakened
Net result -24.8k NOK → -56.8k NOK (net margin -193.6% → -21.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation