FirmaIQ
Org.nr 913 646 533 2019 → 2020 Year-over-year analysis

1 SAX AS: årsregnskap 2020 vs 2019

Slipped into loss

registry 2021-09-16; journal 2021 762673

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 1 SAX AS. Revenue 90.0k NOK → 90.0k NOK (0.0%). Net result +28.9k NOK → -4 884 NOK. Equity -89.8k NOK → -94.7k NOK.

On the constructive side: operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 1 SAX AS.

At a glance

Scorecard

Revenue
90.0k NOK 90.0k NOK
0.0%
Operating result
+8 731 NOK +32.4k NOK
+271.3%
Net result
+28.9k NOK -4 884 NOK
-116.9%
Equity
-89.8k NOK -94.7k NOK
-5.4%
Cash
206.2k NOK 184.2k NOK
-10.7%
Total assets
2.11m NOK 2.10m NOK
-0.2%

What improved

  • ↑

    Operating result improved

    Operating result +8 731 NOK → +32.4k NOK (op. margin 9.7% → 36.0%). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 28.9k NOK profit to a loss of 4 884 NOK. Calculated

  • ↓

    Equity eroded

    Book equity -89.8k NOK → -94.7k NOK (equity ratio -4.3% → -4.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 206.2k NOK → 184.2k NOK (-10.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -4.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation