Org.nr 922 768 153 2019 → 2020 Year-over-year analysis

ABU AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-03-23; registry 2021-03-29; journal 2021 175784

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ABU AS. Net result -8 135 NOK → -57.6k NOK. Equity 30.0k NOK → -27.6k NOK.

On the constructive side: operating result improved; cash rose. Pressures included: net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABU AS.

Scorecard

Revenue
n/m 205.7k NOK
—
Operating result
-12.0k NOK +50.5k NOK
+521.0%
Net result
-8 135 NOK -57.6k NOK
-608.2%
Equity
30.0k NOK -27.6k NOK
-192.1%
Cash
12.4k NOK 105.9k NOK
+752.3%
Total assets
30.0k NOK 6.99m NOK
+23211.9%

What improved

  • ↑

    Operating result improved

    Operating result -12.0k NOK → +50.5k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 12.4k NOK → 105.9k NOK (+752.3% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -8 135 NOK → -57.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 30.0k NOK → -27.6k NOK (equity ratio 100.0% → -0.4%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -0.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation