Org.nr 812 672 452 2019 → 2020 Year-over-year analysis

4KLØVER EIENDOM AS: årsregnskap 2020 vs 2019

Returned to profit

approved 2021-05-06; registry 2021-05-10; journal 2021 277798

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 4KLØVER EIENDOM AS. Net result -561.4k NOK → +35.65m NOK. Equity -996.7k NOK → 10.66m NOK.

On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: operating result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 4KLØVER EIENDOM AS.

Scorecard

Operating result
-512.1k NOK -774.4k NOK
-51.2%
Net result
-561.4k NOK +35.65m NOK
+6450.9%
Equity
-996.7k NOK 10.66m NOK
+1169.3%
Cash
48.6k NOK 4.61m NOK
+9376.6%
Total assets
12.09m NOK 10.66m NOK
-11.9%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 561.4k NOK to a profit of 35.65m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -996.7k NOK → 10.66m NOK (equity ratio -8.2% → 100.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 48.6k NOK → 4.61m NOK (+9376.6% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.09× → 8.52×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -512.1k NOK → -774.4k NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 12.04m NOK → 6.05m NOK. Reported fact