Org.nr 917 208 778 2019 → 2020 Year-over-year analysis

A AMUNDSEN HOLDING AS: årsregnskap 2020 vs 2019

Returned to profit, cash halved-plus

approved 2021-08-16; registry 2021-09-20; journal 2021 775685

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for A AMUNDSEN HOLDING AS. Net result -2.40m NOK → +4.79m NOK. Equity 3.92m NOK → 8.71m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A AMUNDSEN HOLDING AS.

Scorecard

Operating result
-6 206 NOK -7 758 NOK
-25.0%
Net result
-2.40m NOK +4.79m NOK
+299.9%
Equity
3.92m NOK 8.71m NOK
+122.4%
Cash
9 412 NOK 1 701 NOK
-81.9%
Total assets
4.96m NOK 9.68m NOK
+95.1%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 2.40m NOK to a profit of 4.79m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 3.92m NOK → 8.71m NOK (equity ratio 78.9% → 89.9%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -6 206 NOK → -7 758 NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 9 412 NOK → 1 701 NOK (-81.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 4.95m NOK → 9.68m NOK. Reported fact