FirmaIQ
Org.nr 921 306 415 2019 → 2020 Year-over-year analysis

A MADSSTUEN AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-06-30; registry 2021-07-31; journal 2021 562535

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A MADSSTUEN AS. Net result +378.6k NOK → +651.1k NOK. Equity -8.31m NOK → -7.66m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A MADSSTUEN AS.

At a glance

Scorecard

Revenue
n/m 1.88m NOK
—
Operating result
+743.6k NOK +944.2k NOK
+27.0%
Net result
+378.6k NOK +651.1k NOK
+72.0%
Equity
-8.31m NOK -7.66m NOK
+7.8%
Cash
592.7k NOK 323.0k NOK
-45.5%
Total assets
2.69m NOK 2.43m NOK
-9.6%

What improved

  • ↑

    Operating result improved

    Operating result +743.6k NOK → +944.2k NOK. Calculated

  • ↑

    Net result improved

    Net result +378.6k NOK → +651.1k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -8.31m NOK → -7.66m NOK (equity ratio -309.1% → -315.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 232.9k NOK → 214.2k NOK. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 592.7k NOK → 323.0k NOK (-45.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.01× → 0.86× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -315.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation