Org.nr 911 592 789 2019 → 2020 Year-over-year analysis

A. SØRLIE AS: årsregnskap 2020 vs 2019

Slipped into loss

approved 2021-05-25; registry 2021-05-27; journal 2021 333141

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for A. SØRLIE AS. Net result +9.11m NOK → -257.1k NOK. Equity 8.20m NOK → 7.49m NOK.

On the constructive side: cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

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

Scorecard

Operating result
-11.9k NOK -20.6k NOK
-73.1%
Net result
+9.11m NOK -257.1k NOK
-102.8%
Equity
8.20m NOK 7.49m NOK
-8.6%
Cash
1 060 NOK 366.0k NOK
+34429.2%
Total assets
9.81m NOK 7.70m NOK
-21.5%

What improved

  • ↑

    Cash rose

    Bank deposits 1 060 NOK → 366.0k NOK (+34429.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -11.9k NOK → -20.6k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 9.11m NOK profit to a loss of 257.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 8.20m NOK → 7.49m NOK (equity ratio 83.6% → 97.3%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 513 NOK → 3.00m NOK. Reported fact