FirmaIQ
Org.nr 990 008 957 2019 → 2020 Year-over-year analysis

A. GJERDE EIENDOM AS: årsregnskap 2020 vs 2019

Grew 6% on revenue, returned to profit

approved 2021-06-16; registry 2021-09-22; journal 2021 729776

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A. GJERDE EIENDOM AS. Revenue 2.04m NOK → 2.17m NOK (+6.0%). Net result -2.70m NOK → +425.6k NOK. Equity 20.92m NOK → 21.14m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

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

At a glance

Scorecard

Revenue
2.04m NOK 2.17m NOK
+6.0%
Operating result
+1.33m NOK +1.38m NOK
+3.6%
Net result
-2.70m NOK +425.6k NOK
+115.7%
Equity
20.92m NOK 21.14m NOK
+1.1%
Cash
2.60m NOK 4.55m NOK
+74.9%
Total assets
26.01m NOK 24.78m NOK
-4.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.04m NOK to 2.17m NOK (+6.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.33m NOK → +1.38m NOK (op. margin 65.0% → 63.5%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 2.70m NOK to a profit of 425.6k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 20.92m NOK → 21.14m NOK (equity ratio 80.4% → 85.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.60m NOK → 4.55m NOK (+74.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 650.0k NOK → 564 NOK. Reported fact