FirmaIQ
Org.nr 923 176 640 2019 → 2020 Year-over-year analysis

A SØRENSEN AS: årsregnskap 2020 vs 2019

Slipped into loss, cash halved-plus

approved 2021-06-14; registry 2021-07-05; journal 2021 532052

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A SØRENSEN AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +1 369 NOK → -9 892 NOK. Equity 43.1k NOK → 33.2k NOK.

Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A SØRENSEN AS.

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
+135 NOK -9 897 NOK
-7431.1%
Net result
+1 369 NOK -9 892 NOK
-822.6%
Equity
43.1k NOK 33.2k NOK
-23.0%
Cash
69.3k NOK 9 419 NOK
-86.4%
Total assets
319.3k NOK 409.4k NOK
+28.2%

What deteriorated

  • ↓

    Operating result weakened

    Operating result +135 NOK → -9 897 NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 1 369 NOK profit to a loss of 9 892 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 43.1k NOK → 33.2k NOK (equity ratio 13.5% → 8.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 69.3k NOK → 9 419 NOK (-86.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 8.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 250.0k NOK → 400 NOK. Reported fact