A. KIELLANDS GATE 43 AS: årsregnskap 2020 vs 2019
Slipped into loss
registry 2021-05-22; journal 2021 237976
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A. KIELLANDS GATE 43 AS. Revenue 700.1k NOK → 700.0k NOK (-0.0%). Net result +167.4k NOK → -174.9k NOK. Equity -394.6k NOK → -569.4k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A. KIELLANDS GATE 43 AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 166.0k NOK → 189.3k NOK (+14.0% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 700.1k NOK to 700.0k NOK (-0.0% YoY). Calculated
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↓
Operating result weakened
Operating result +149.3k NOK → +117.4k NOK (op. margin 21.3% → 16.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 167.4k NOK profit to a loss of 174.9k NOK. Calculated
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↓
Equity eroded
Book equity -394.6k NOK → -569.4k NOK (equity ratio -3.9% → -6.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -6.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation