Org.nr 932 342 189 2019 → 2020 Year-over-year analysis

A SÆTHER COMPAGNIET AS: årsregnskap 2020 vs 2019

Returned to profit

approved 2021-06-08; registry 2021-06-29; journal 2021 410636

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A SÆTHER COMPAGNIET AS. Net result -255.6k NOK → +565.2k NOK. Equity 5.91m NOK → 5.73m NOK.

On the constructive side: operating result improved; turned profitable; cash rose. Pressures included: equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A SÆTHER COMPAGNIET AS.

At a glance

Revenue

396.2k NOK n/m

—

Operating result

-1.41m NOK -1.19m NOK

+15.4%

Net result

-255.6k NOK +565.2k NOK

+321.1%

Equity

5.91m NOK 5.73m NOK

-3.1%

Cash

340.0k NOK 580.2k NOK

+70.7%

Total assets

9.69m NOK 8.54m NOK

-11.9%

↑
Operating result improved

Operating result -1.41m NOK → -1.19m NOK. Calculated
↑
Turned profitable

Net result flipped from a loss of 255.6k NOK to a profit of 565.2k NOK. Calculated
↑
Cash rose

Bank deposits 340.0k NOK → 580.2k NOK (+70.7% YoY). Calculated

↓
Equity eroded

Book equity 5.91m NOK → 5.73m NOK (equity ratio 61.0% → 67.0%). Calculated

·
Book investments changed

Investment / intangible book value 7.99m NOK → 4.86m NOK. Reported fact