FirmaIQ
Org.nr 917 900 086 2019 → 2020 Year-over-year analysis

A SANDVIK HOLDING AS: årsregnskap 2020 vs 2019

Returned to profit

approved 2021-05-03; registry 2021-05-08; journal 2021 268926

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A SANDVIK HOLDING AS. Net result -5 634 NOK → +85.2k NOK. Equity 91.4k NOK → 5.18m NOK.

On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: operating result weakened; current ratio dropped below 1×.

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

At a glance

Scorecard

Operating result
-5 650 NOK -8 753 NOK
-54.9%
Net result
-5 634 NOK +85.2k NOK
+1612.9%
Equity
91.4k NOK 5.18m NOK
+5566.5%
Cash
32.0k NOK 107.2k NOK
+235.1%
Total assets
97.0k NOK 172.2k NOK
+77.6%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 5 634 NOK to a profit of 85.2k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 91.4k NOK → 5.18m NOK (equity ratio 94.2% → 3005.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 32.0k NOK → 107.2k NOK (+235.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -5 650 NOK → -8 753 NOK. Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 5.66× → -24.65× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 3 NOK → 65.0k NOK. Reported fact