Org.nr 946 195 340 2019 → 2020 Year-over-year analysis

A/S POLYCORP: årsregnskap 2020 vs 2019

Weaker earnings, cash halved-plus

approved 2021-06-07; registry 2021-08-24; journal 2021 641403

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A/S POLYCORP. Net result +2.19m NOK → +1.41m NOK. Equity 3.44m NOK → 4.86m NOK.

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

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

At a glance

Revenue

40.0k NOK n/m

—

Operating result

+615.6k NOK -433.4k NOK

-170.4%

Net result

+2.19m NOK +1.41m NOK

-35.3%

Equity

3.44m NOK 4.86m NOK

+41.1%

Cash

848.9k NOK 365.5k NOK

-56.9%

Total assets

20.08m NOK 20.92m NOK

+4.2%

↑
Equity strengthened

Book equity 3.44m NOK → 4.86m NOK (equity ratio 17.1% → 23.2%). Calculated

↓
Operating result weakened

Operating result +615.6k NOK → -433.4k NOK. Calculated
↓
Net result weakened

Net result +2.19m NOK → +1.41m NOK. Calculated
↓
Cash fell

Bank deposits 848.9k NOK → 365.5k NOK (-56.9% YoY). Calculated

·
Book investments changed

Investment / intangible book value 6.15m NOK → 6.35m NOK. Reported fact