Org.nr 920 714 935 2019 → 2020 Year-over-year analysis

A. ANDERZÉN AS: årsregnskap 2020 vs 2019

Another loss-making year

approved 2021-03-01; registry 2021-03-04; journal 2021 133183

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for A. ANDERZÉN AS. Revenue 0 NOK → 80.1k NOK. Net result -4 393 NOK → -11.6k NOK. Equity 3 645 NOK → -7 907 NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded.

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

Scorecard

Revenue
0 NOK 80.1k NOK
—
Operating result
-4 402 NOK -432 NOK
+90.2%
Net result
-4 393 NOK -11.6k NOK
-163.0%
Equity
3 645 NOK -7 907 NOK
-316.9%
Cash
795 NOK 6 580 NOK
+727.7%
Total assets
42.6k NOK 41.1k NOK
-3.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 80.1k NOK. Calculated

  • ↑

    Operating result improved

    Operating result -4 402 NOK → -432 NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 795 NOK → 6 580 NOK (+727.7% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -4 393 NOK → -11.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 3 645 NOK → -7 907 NOK (equity ratio 8.6% → -19.2%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -19.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation