A/S Voldsminde VII: årsregnskap 2020 vs 2019
Shrank 100% on revenue, weaker earnings
approved 2021-06-03; registry 2021-09-16; journal 2021 714746
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A/S Voldsminde VII. Revenue 751.85bn NOK → 723.4k NOK (-100.0%). Net result +5177.28bn NOK → +5.15m NOK. Equity 1.35m NOK → 1.51m NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1.35m NOK → 1.51m NOK (equity ratio 82.3% → 88.1%). Calculated
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↑
Cash rose
Bank deposits 57.5k NOK → 1.12m NOK (+1851.1% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.80× → 9.73×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 751.85bn NOK to 723.4k NOK (-100.0% YoY). Calculated
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↓
Operating result weakened
Operating result +174.79bn NOK → +154.4k NOK (op. margin 23.2% → 21.3%). Calculated
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↓
Net result weakened
Net result +5177.28bn NOK → +5.15m NOK (net margin 688.6% → 712.4%). Calculated