ADVANCED BIOPOLYMERS AS: årsregnskap 2020 vs 2019
Slipped into loss, cash halved-plus
approved 2021-04-21; registry 2021-05-12; journal 2021 226470
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVANCED BIOPOLYMERS AS. Net result +3 028 NOK → -5 034 NOK. Equity 6 139 NOK → 1 106 NOK.
On the constructive side: operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Operating result
-5 000 NOK
-3 844 NOK
+23.1%
Net result
+3 028 NOK
-5 034 NOK
-266.2%
Equity
6 139 NOK
1 106 NOK
-82.0%
Cash
6 139 NOK
1 106 NOK
-82.0%
Total assets
6 139 NOK
1 106 NOK
-82.0%
What improved
-
↑
Operating result improved
Operating result -5 000 NOK → -3 844 NOK. Calculated
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 3 028 NOK profit to a loss of 5 034 NOK. Calculated
-
↓
Equity eroded
Book equity 6 139 NOK → 1 106 NOK (equity ratio 100.0% → 100.0%). Calculated
-
↓
Cash fell
Bank deposits 6 139 NOK → 1 106 NOK (-82.0% YoY). Calculated