Org.nr 921 876 815 2019 → 2020 Year-over-year analysis

A.S. KVIA HOLDING AS: årsregnskap 2020 vs 2019

Returned to profit

registry 2021-06-22; journal 2021 373034

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for A.S. KVIA HOLDING AS. Net result -25.7k NOK → +39.71m NOK. Equity 26.33m NOK → 59.65m NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
0 NOK n/m
—
Operating result
-46.5k NOK -48.4k NOK
-4.0%
Net result
-25.7k NOK +39.71m NOK
+154451.8%
Equity
26.33m NOK 59.65m NOK
+126.5%
Cash
18.40m NOK 52.35m NOK
+184.5%
Total assets
26.34m NOK 60.40m NOK
+129.3%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 25.7k NOK to a profit of 39.71m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 26.33m NOK → 59.65m NOK (equity ratio 100.0% → 98.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 18.40m NOK → 52.35m NOK (+184.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -46.5k NOK → -48.4k NOK. Calculated