Org.nr 997 227 654 2019 → 2020 Year-over-year analysis

A. MIDTBØ EIENDOM AS: årsregnskap 2020 vs 2019

Shrank 100% on revenue

approved 2021-05-30; registry 2021-06-03; journal 2021 381184

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for A. MIDTBØ EIENDOM AS. Revenue 538.5k NOK → 558 NOK (-99.9%). Net result +265.1k NOK → +266.4k NOK. Equity 1.23m NOK → 1.04m NOK.

On the constructive side: operating result improved; current ratio back above 1×. Pressures included: revenue fell; equity eroded; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
538.5k NOK 558 NOK
-99.9%
Operating result
+339.6k NOK +346.3k NOK
+2.0%
Net result
+265.1k NOK +266.4k NOK
+0.5%
Equity
1.23m NOK 1.04m NOK
-14.9%
Cash
554.3k NOK 478.7k NOK
-13.6%
Total assets
2.22m NOK 2.09m NOK
-6.0%

What improved

  • ↑

    Operating result improved

    Operating result +339.6k NOK → +346.3k NOK (op. margin 63.1% → 62055.2%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.56× → 12.84×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 538.5k NOK to 558 NOK (-99.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 1.23m NOK → 1.04m NOK (equity ratio 55.3% → 50.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 554.3k NOK → 478.7k NOK (-13.6% YoY). Calculated