Org.nr 930 892 386 2019 → 2020 Year-over-year analysis

A/S LANDÅSVEIEN 5 & 7: årsregnskap 2020 vs 2019

Returned to profit

approved 2021-02-25; registry 2021-08-14; journal 2021 612769

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for A/S LANDÅSVEIEN 5 & 7. Revenue 488.1k NOK → 484.1k NOK (-0.8%). Net result -3 648 NOK → +82.6k NOK. Equity 786.8k NOK → 869.4k NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
488.1k NOK 484.1k NOK
-0.8%
Operating result
+68.8k NOK +147.0k NOK
+113.6%
Net result
-3 648 NOK +82.6k NOK
+2365.4%
Equity
786.8k NOK 869.4k NOK
+10.5%
Cash
317.6k NOK 413.2k NOK
+30.1%
Total assets
2.82m NOK 2.79m NOK
-0.9%

What improved

  • ↑

    Operating result improved

    Operating result +68.8k NOK → +147.0k NOK (op. margin 14.1% → 30.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 3 648 NOK to a profit of 82.6k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 786.8k NOK → 869.4k NOK (equity ratio 27.9% → 31.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 317.6k NOK → 413.2k NOK (+30.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 488.1k NOK to 484.1k NOK (-0.8% YoY). Calculated