ABUNDANCE AS: årsregnskap 2019 vs 2018
Returned to profit, cash halved-plus
approved 2020-08-21; registry 2020-10-13; journal 2020 930542
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABUNDANCE AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -35.8k NOK → +14.3k NOK. Equity 1.60m NOK → 1.62m NOK.
On the constructive side: turned profitable; equity strengthened. Pressures included: cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
0 NOK
0 NOK
0.0%
Operating result
n/m
+13.8k NOK
—
Net result
-35.8k NOK
+14.3k NOK
+140.0%
Equity
1.60m NOK
1.62m NOK
+0.9%
Cash
203.9k NOK
25.9k NOK
-87.3%
Total assets
1.80m NOK
1.82m NOK
+0.8%
What improved
-
↑
Turned profitable
Net result flipped from a loss of 35.8k NOK to a profit of 14.3k NOK. Calculated
-
↑
Equity strengthened
Book equity 1.60m NOK → 1.62m NOK (equity ratio 88.8% → 88.9%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 203.9k NOK → 25.9k NOK (-87.3% YoY). Calculated