A/S Edvardsen Eiendom: årsregnskap 2020 vs 2019
Shrank 94% on revenue, stronger earnings
approved 2021-04-07; registry 2021-04-26; journal 2021 209890
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A/S Edvardsen Eiendom. Revenue 776.9k NOK → 46.4k NOK (-94.0%). Net result +153.0k NOK → +195.7k NOK. Equity 4.64m NOK → 4.83m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A/S Edvardsen Eiendom.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +240.3k NOK → +323.3k NOK (op. margin 30.9% → 696.5%). Calculated
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↑
Net result improved
Net result +153.0k NOK → +195.7k NOK (net margin 19.7% → 421.6%). Calculated
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↑
Equity strengthened
Book equity 4.64m NOK → 4.83m NOK (equity ratio 54.9% → 56.6%). Calculated
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↑
Cash rose
Bank deposits 157.3k NOK → 1.47m NOK (+835.1% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 776.9k NOK to 46.4k NOK (-94.0% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 2.26m NOK → 2.14m NOK. Reported fact