A J STANGELAND EIENDOM AS: årsregnskap 2020 vs 2019
Shrank 32% on revenue, stronger earnings
approved 2021-05-05; registry 2021-06-29; journal 2021 412626
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A J STANGELAND EIENDOM AS. Revenue 1.36m NOK → 924.4k NOK (-31.9%). Net result +581.6k NOK → +708.9k NOK. Equity 6.35m NOK → 7.05m NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A J STANGELAND EIENDOM AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +581.6k NOK → +708.9k NOK (net margin 42.9% → 76.7%). Calculated
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Equity strengthened
Book equity 6.35m NOK → 7.05m NOK (equity ratio 83.4% → 94.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.36m NOK to 924.4k NOK (-31.9% YoY). Calculated
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↓
Operating result weakened
Operating result +956.7k NOK → +343.6k NOK (op. margin 70.5% → 37.2%). Calculated
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Cash fell
Bank deposits 3.02m NOK → 2.20m NOK (-27.1% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 3.76m NOK → 30.0k NOK. Reported fact