FirmaIQ
Org.nr 921 403 364 2019 → 2020 Year-over-year analysis

A SPORTS AS: årsregnskap 2020 vs 2019

Shrank 66% on revenue, weaker earnings, cash halved-plus

approved 2021-08-09; registry 2021-09-15; journal 2021 714416

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A SPORTS AS. Revenue 12.34m NOK → 4.15m NOK (-66.4%). Net result +9.64m NOK → +3.12m NOK. Equity 9.74m NOK → 12.86m NOK.

On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
12.34m NOK 4.15m NOK
-66.4%
Operating result
+12.30m NOK +4.07m NOK
-66.9%
Net result
+9.64m NOK +3.12m NOK
-67.6%
Equity
9.74m NOK 12.86m NOK
+32.1%
Cash
635.3k NOK 166.7k NOK
-73.8%
Total assets
12.4k NOK 14.41m NOK
+115882.0%

What improved

  • ↑

    Equity strengthened

    Book equity 9.74m NOK → 12.86m NOK (equity ratio 78369.8% → 89.3%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 9.30×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 12.34m NOK to 4.15m NOK (-66.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +12.30m NOK → +4.07m NOK (op. margin 99.7% → 98.3%). Calculated

  • ↓

    Net result weakened

    Net result +9.64m NOK → +3.12m NOK (net margin 78.2% → 75.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 635.3k NOK → 166.7k NOK (-73.8% YoY). Calculated