ADVANCED BIOPOLYMERS AS: årsregnskap 2019 vs 2018
Returned to profit
approved 2020-05-05; registry 2020-06-10; journal 2020 406719
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVANCED BIOPOLYMERS AS. Net result -2 402 NOK → +3 028 NOK. Equity 3 110 NOK → 6 139 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
Operating result
n/m
-5 000 NOK
—
Net result
-2 402 NOK
+3 028 NOK
+226.1%
Equity
3 110 NOK
6 139 NOK
+97.4%
Cash
12.2k NOK
6 139 NOK
-49.8%
Total assets
12.2k NOK
6 139 NOK
-49.8%
What improved
-
↑
Turned profitable
Net result flipped from a loss of 2 402 NOK to a profit of 3 028 NOK. Calculated
-
↑
Equity strengthened
Book equity 3 110 NOK → 6 139 NOK (equity ratio 25.4% → 100.0%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 12.2k NOK → 6 139 NOK (-49.8% YoY). Calculated