Org.nr 911 842 610 2019 → 2020 Year-over-year analysis

A/S Frilin: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-07-09; registry 2021-09-25; journal 2021 801890

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A/S Frilin. Net result +97.0k NOK → +1.02m NOK. Equity 1.81m NOK → 2.83m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: operating result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A/S Frilin.

At a glance

Revenue

0 NOK n/m

—

Operating result

-12.8k NOK -14.9k NOK

-16.2%

Net result

+97.0k NOK +1.02m NOK

+956.0%

Equity

1.81m NOK 2.83m NOK

+56.7%

Cash

563.3k NOK 695.4k NOK

+23.5%

Total assets

2.35m NOK 3.29m NOK

+39.8%

↑
Net result improved

Net result +97.0k NOK → +1.02m NOK. Calculated
↑
Equity strengthened

Book equity 1.81m NOK → 2.83m NOK (equity ratio 76.8% → 86.1%). Calculated
↑
Cash rose

Bank deposits 563.3k NOK → 695.4k NOK (+23.5% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.02× → 6.38×. Calculated

↓
Operating result weakened

Operating result -12.8k NOK → -14.9k NOK. Calculated

·
Book investments changed

Investment / intangible book value 1.34m NOK → 3.37m NOK. Reported fact