FirmaIQ
Org.nr 990 830 568 2019 → 2020 Year-over-year analysis

ABU ROMERIKE AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-05-02; registry 2021-05-10; journal 2021 274300

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABU ROMERIKE AS. Revenue 0 NOK → 289.5k NOK. Net result -290.2k NOK → -1.27m NOK. Equity 3.42m NOK → 2.15m NOK.

On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
0 NOK 289.5k NOK
—
Operating result
-40.4k NOK -1.27m NOK
-3037.6%
Net result
-290.2k NOK -1.27m NOK
-336.3%
Equity
3.42m NOK 2.15m NOK
-37.1%
Cash
1 150 NOK 216.6k NOK
+18737.0%
Total assets
3.59m NOK 4.42m NOK
+23.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 289.5k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 1 150 NOK → 216.6k NOK (+18737.0% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.01× → 1.07×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -40.4k NOK → -1.27m NOK. Calculated

  • ↓

    Net result weakened

    Net result -290.2k NOK → -1.27m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 3.42m NOK → 2.15m NOK (equity ratio 95.1% → 48.6%). Calculated