A J BREIVIK EIENDOM AS: årsregnskap 2020 vs 2019
Grew 5028% on revenue, stronger earnings
approved 2021-04-27; registry 2021-05-01; journal 2021 243333
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A J BREIVIK EIENDOM AS. Revenue 975 NOK → 50.0k NOK (+5028.2%). Net result -230.1k NOK → -104.8k NOK. Equity 437.3k NOK → 332.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A J BREIVIK EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 975 NOK to 50.0k NOK (+5028.2% YoY). Calculated
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Operating result improved
Operating result +168.1k NOK → +313.6k NOK (op. margin 17242.1% → 627.2%). Calculated
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Net result improved
Net result -230.1k NOK → -104.8k NOK (net margin -23595.0% → -209.5%). Calculated
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Cash rose
Bank deposits 65.2k NOK → 492.8k NOK (+656.0% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.28× → 1.47×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 437.3k NOK → 332.6k NOK (equity ratio 4.6% → 3.4%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation