FirmaIQ
Org.nr 915 479 529 2019 → 2020 Year-over-year analysis

A HELGESEN EIENDOM AS: årsregnskap 2020 vs 2019

Shrank 15% on revenue, slipped into loss, cash halved-plus

approved 2021-08-31; registry 2021-10-05; journal 2021 877166

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A HELGESEN EIENDOM AS. Revenue 1.78m NOK → 1.50m NOK (-15.4%). Net result +42.4k NOK → -175.5k NOK. Equity 4.73m NOK → 4.55m NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
1.78m NOK 1.50m NOK
-15.4%
Operating result
+51.4k NOK -225.4k NOK
-538.2%
Net result
+42.4k NOK -175.5k NOK
-514.2%
Equity
4.73m NOK 4.55m NOK
-3.7%
Cash
180.4k NOK 53.8k NOK
-70.2%
Total assets
6.14m NOK 6.00m NOK
-2.2%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.78m NOK to 1.50m NOK (-15.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +51.4k NOK → -225.4k NOK (op. margin 2.9% → -15.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 42.4k NOK profit to a loss of 175.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 4.73m NOK → 4.55m NOK (equity ratio 77.1% → 75.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 180.4k NOK → 53.8k NOK (-70.2% YoY). Calculated