FirmaIQ
Org.nr 847 250 402 2019 → 2020 Year-over-year analysis

A/S Huse-Sporsem: årsregnskap 2020 vs 2019

Grew 11943% on revenue, returned to profit, cash halved-plus

registry 2021-09-25; journal 2021 803740

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A/S Huse-Sporsem. Revenue 9 300 NOK → 1.12m NOK (+11942.8%). Net result -48.8k NOK → +1.11m NOK. Equity 19.5k NOK → -24.2k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A/S Huse-Sporsem.

At a glance

Scorecard

Revenue
9 300 NOK 1.12m NOK
+11942.8%
Operating result
-32.2k NOK +1.11m NOK
+3541.1%
Net result
-48.8k NOK +1.11m NOK
+2366.2%
Equity
19.5k NOK -24.2k NOK
-223.7%
Cash
316.3k NOK 2 590 NOK
-99.2%
Total assets
380.3k NOK 2 590 NOK
-99.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9 300 NOK to 1.12m NOK (+11942.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -32.2k NOK → +1.11m NOK (op. margin -346.7% → 99.1%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 48.8k NOK to a profit of 1.11m NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 19.5k NOK → -24.2k NOK (equity ratio 5.1% → -932.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 316.3k NOK → 2 590 NOK (-99.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -932.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation