A/S MILLENIUM: årsregnskap 2020 vs 2019
Stronger earnings
approved 2021-05-31; registry 2021-06-23; journal 2021 387600
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A/S MILLENIUM. Net result +11.53m NOK → +33.19m NOK. Equity 53.74m NOK → 85.93m NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Operating result
-313.2k NOK
-402.5k NOK
-28.5%
Net result
+11.53m NOK
+33.19m NOK
+188.0%
Equity
53.74m NOK
85.93m NOK
+59.9%
Cash
1.67m NOK
1.66m NOK
-0.4%
Total assets
55.75m NOK
93.68m NOK
+68.0%
What improved
-
↑
Net result improved
Net result +11.53m NOK → +33.19m NOK. Calculated
-
↑
Equity strengthened
Book equity 53.74m NOK → 85.93m NOK (equity ratio 96.4% → 91.7%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -313.2k NOK → -402.5k NOK. Calculated
-
↓
Cash fell
Bank deposits 1.67m NOK → 1.66m NOK (-0.4% YoY). Calculated