A.S VALEN EIENDOM AS: årsregnskap 2020 vs 2019
Shrank 89% on revenue, stronger earnings
approved 2021-06-15; registry 2021-06-17; journal 2021 440592
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A.S VALEN EIENDOM AS. Revenue 830.1k NOK → 88.8k NOK (-89.3%). Net result 0 NOK → +23.2k NOK. Equity 359.5k NOK → 13.38m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result 0 NOK → +30.8k NOK (op. margin 0.0% → 34.6%). Calculated
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Net result improved
Net result 0 NOK → +23.2k NOK (net margin 0.0% → 26.2%). Calculated
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↑
Equity strengthened
Book equity 359.5k NOK → 13.38m NOK (equity ratio 70.1% → 2387.7%). Calculated
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Cash rose
Bank deposits 139.1k NOK → 187.1k NOK (+34.5% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.91× → 1.58×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 830.1k NOK to 88.8k NOK (-89.3% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 24.7k NOK → 31.1k NOK (3% → 35% of revenue). Calculated