Org.nr 997 745 051 2019 → 2020 Year-over-year analysis

ABZINT FRISØR AS: årsregnskap 2020 vs 2019

Shrank 100% on revenue, slipped into loss, fresh owner capital

approved 2023-10-25; registry 2023-10-30; journal 2023 735850

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ABZINT FRISØR AS. Revenue 629.9k NOK → 1 197 NOK (-99.8%). Net result +36.9k NOK → -138.4k NOK. Equity -150.8k NOK → -289.2k NOK.

On the constructive side: owners injected capital. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABZINT FRISØR AS.

Scorecard

Revenue
629.9k NOK 1 197 NOK
-99.8%
Operating result
0 NOK -85.0k NOK
—
Net result
+36.9k NOK -138.4k NOK
-474.9%
Equity
-150.8k NOK -289.2k NOK
-91.8%
Cash
81.1k NOK 73.4k NOK
-9.6%
Total assets
355.8k NOK 323.1k NOK
-9.2%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose -150.8k NOK → 300.0k NOK (+450.8k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 629.9k NOK to 1 197 NOK (-99.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result 0 NOK → -85.0k NOK (op. margin 0.0% → -7098.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 36.9k NOK profit to a loss of 138.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -150.8k NOK → -289.2k NOK (equity ratio -42.4% → -89.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 81.1k NOK → 73.4k NOK (-9.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -89.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 2 850 NOK. Reported fact