Org.nr 917 090 491 2019 → 2020 Year-over-year analysis

A. GREPSTAD AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-06-22; registry 2021-08-16; journal 2021 616098

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for A. GREPSTAD AS. Net result +858.9k NOK → +44.9k NOK. Equity 1.68m NOK → 2.72m NOK.

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

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

Scorecard

Operating result
-22.2k NOK -19.1k NOK
+13.7%
Net result
+858.9k NOK +44.9k NOK
-94.8%
Equity
1.68m NOK 2.72m NOK
+62.3%
Cash
69.2k NOK 232.0k NOK
+235.0%
Total assets
8.08m NOK 9.24m NOK
+14.3%

What improved

  • ↑

    Operating result improved

    Operating result -22.2k NOK → -19.1k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.68m NOK → 2.72m NOK (equity ratio 20.8% → 29.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 69.2k NOK → 232.0k NOK (+235.0% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.46× → 3.13×. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +858.9k NOK → +44.9k NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 8.01m NOK → 9.00m NOK. Reported fact