A. ØSTVAAG AS: årsregnskap 2020 vs 2019
Another loss-making year
approved 2021-06-23; registry 2021-06-26; journal 2021 475197
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A. ØSTVAAG AS. Net result -37.2k NOK → -40.4k NOK. Equity 14.15m NOK → 13.86m NOK.
On the constructive side: operating result improved; cash rose. Pressures included: net result weakened; equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Operating result
-51.4k NOK
-44.1k NOK
+14.2%
Net result
-37.2k NOK
-40.4k NOK
-8.6%
Equity
14.15m NOK
13.86m NOK
-2.0%
Cash
2.54m NOK
4.74m NOK
+86.2%
Total assets
14.17m NOK
14.16m NOK
-0.0%
What improved
-
↑
Operating result improved
Operating result -51.4k NOK → -44.1k NOK. Calculated
-
↑
Cash rose
Bank deposits 2.54m NOK → 4.74m NOK (+86.2% YoY). Calculated
What deteriorated
-
↓
Net result weakened
Net result -37.2k NOK → -40.4k NOK. Calculated
-
↓
Equity eroded
Book equity 14.15m NOK → 13.86m NOK (equity ratio 99.9% → 97.9%). Calculated