FirmaIQ
Org.nr 992 690 410 2019 → 2020 Year-over-year analysis

A1 FREDRIKSTAD EIENDOMSTAKSERING AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-08-18; registry 2021-09-11; journal 2021 688010

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A1 FREDRIKSTAD EIENDOMSTAKSERING AS. Revenue 917.6k NOK → 891.6k NOK (-2.8%). Net result +46.2k NOK → +5.11m NOK. Equity 933.5k NOK → 877.6k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A1 FREDRIKSTAD EIENDOMSTAKSERING AS.

At a glance

Scorecard

Revenue
917.6k NOK 891.6k NOK
-2.8%
Operating result
+67.3k NOK +149.3k NOK
+121.9%
Net result
+46.2k NOK +5.11m NOK
+10958.0%
Equity
933.5k NOK 877.6k NOK
-6.0%
Cash
166.2k NOK 151.0k NOK
-9.1%
Total assets
1.79m NOK 1.73m NOK
-3.2%

What improved

  • ↑

    Operating result improved

    Operating result +67.3k NOK → +149.3k NOK (op. margin 7.3% → 16.7%). Calculated

  • ↑

    Net result improved

    Net result +46.2k NOK → +5.11m NOK (net margin 5.0% → 572.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 917.6k NOK to 891.6k NOK (-2.8% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 933.5k NOK → 877.6k NOK (equity ratio 52.3% → 50.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 166.2k NOK → 151.0k NOK (-9.1% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.07× → 0.83× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 488.2k NOK → 344.6k NOK (-29.4% YoY). Calculated