Org.nr 979 266 774 2019 → 2020 Year-over-year analysis

ACADEMIC BUSINESS FOCUS AS: årsregnskap 2020 vs 2019

Cash halved-plus

approved 2021-03-08; registry 2021-03-10; journal 2021 143333

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACADEMIC BUSINESS FOCUS AS. Equity 7.87m NOK → 4.50m NOK.

Pressures included: equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACADEMIC BUSINESS FOCUS AS.

At a glance

Operating result

n/m -26.1k NOK

—

Net result

n/m -3.32m NOK

—

Equity

7.87m NOK 4.50m NOK

-42.8%

Cash

834.3k NOK 287.6k NOK

-65.5%

Total assets

12.31m NOK 10.81m NOK

-12.2%

↓
Equity eroded

Book equity 7.87m NOK → 4.50m NOK (equity ratio 64.0% → 41.7%). Calculated
↓
Cash fell

Bank deposits 834.3k NOK → 287.6k NOK (-65.5% YoY). Calculated

·
Book investments changed

Investment / intangible book value 0 NOK → 25.0k NOK. Reported fact