Org.nr 923 177 035 2019 → 2020 Year-over-year analysis

102 ASIA MAT AS: årsregnskap 2020 vs 2019

Slipped into loss, cash halved-plus

approved 2020-12-31; registry 2021-05-03; journal 2021 249046

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 102 ASIA MAT AS. Net result +13 NOK → -13.7k NOK. Equity 30.0k NOK → 16.3k NOK.

Pressures included: fell into a net loss; equity eroded; cash fell.

Net tougher year on the published lines.

Scorecard

Revenue
n/m 775 NOK
—
Operating result
n/m -13.8k NOK
—
Net result
+13 NOK -13.7k NOK
-105776.9%
Equity
30.0k NOK 16.3k NOK
-45.8%
Cash
30.0k NOK 370 NOK
-98.8%
Total assets
30.0k NOK 16.3k NOK
-45.8%

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 13 NOK profit to a loss of 13.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 30.0k NOK → 16.3k NOK (equity ratio 100.0% → 100.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 30.0k NOK → 370 NOK (-98.8% YoY). Calculated