A STI HOLDING AS: årsregnskap 2020 vs 2019
Weaker earnings, cash halved-plus
approved 2021-07-05; registry 2021-07-27; journal 2021 542857
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A STI HOLDING AS. Net result +428.1k NOK → +341.6k NOK. Equity 941.1k NOK → 2.28m NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: net result weakened; cash fell; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
n/m
0 NOK
—
Operating result
-170.9k NOK
-140.9k NOK
+17.5%
Net result
+428.1k NOK
+341.6k NOK
-20.2%
Equity
941.1k NOK
2.28m NOK
+142.6%
Cash
690.5k NOK
38.3k NOK
-94.5%
Total assets
3.66m NOK
4.82m NOK
+31.8%
What improved
-
↑
Operating result improved
Operating result -170.9k NOK → -140.9k NOK. Calculated
-
↑
Equity strengthened
Book equity 941.1k NOK → 2.28m NOK (equity ratio 25.7% → 47.3%). Calculated
What deteriorated
-
↓
Net result weakened
Net result +428.1k NOK → +341.6k NOK. Calculated
-
↓
Cash fell
Bank deposits 690.5k NOK → 38.3k NOK (-94.5% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 57.0k NOK → 68.5k NOK. Calculated