FirmaIQ
Org.nr 994 787 926 2019 → 2020 Year-over-year analysis

ABUNDANCE AS: årsregnskap 2020 vs 2019

Slipped into loss

approved 2021-08-31; registry 2021-10-25; journal 2021 863700

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABUNDANCE AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +14.3k NOK → -1.10m NOK. Equity 1.62m NOK → 516.0k NOK.

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 ABUNDANCE AS.

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
+13.8k NOK -22.8k NOK
-265.4%
Net result
+14.3k NOK -1.10m NOK
-7797.4%
Equity
1.62m NOK 516.0k NOK
-68.1%
Cash
25.9k NOK 18.2k NOK
-29.5%
Total assets
1.82m NOK 717.8k NOK
-60.5%

What deteriorated

  • ↓

    Operating result weakened

    Operating result +13.8k NOK → -22.8k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 14.3k NOK profit to a loss of 1.10m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.62m NOK → 516.0k NOK (equity ratio 88.9% → 71.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 25.9k NOK → 18.2k NOK (-29.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.60m NOK → 500.0k NOK. Reported fact