FirmaIQ
Org.nr 915 091 237 2019 → 2020 Year-over-year analysis

A OVA AS: årsregnskap 2020 vs 2019

Shrank 9% on revenue, slipped into loss

approved 2021-04-24; registry 2021-07-08; journal 2021 466245

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A OVA AS. Revenue 556.1k NOK → 507.2k NOK (-8.8%). Net result +143.0k NOK → -40.9k NOK. Equity 1.22m NOK → 1.68m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for A OVA AS.

At a glance

Scorecard

Revenue
556.1k NOK 507.2k NOK
-8.8%
Operating result
+182.8k NOK -52.7k NOK
-128.8%
Net result
+143.0k NOK -40.9k NOK
-128.6%
Equity
1.22m NOK 1.68m NOK
+37.5%
Cash
207.1k NOK 778.4k NOK
+275.9%
Total assets
1.38m NOK 1.91m NOK
+38.0%

What improved

  • ↑

    Equity strengthened

    Book equity 1.22m NOK → 1.68m NOK (equity ratio 88.5% → 88.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 207.1k NOK → 778.4k NOK (+275.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 556.1k NOK to 507.2k NOK (-8.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +182.8k NOK → -52.7k NOK (op. margin 32.9% → -10.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 143.0k NOK profit to a loss of 40.9k NOK. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 820.0k NOK → 320.0k NOK — check capital reduction, conversion, or reclassification. Interpretation