A2 EIENDOM AS: årsregnskap 2020 vs 2019
Shrank 19% on revenue, cash halved-plus
approved 2021-05-12; registry 2021-06-19; journal 2021 360113
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A2 EIENDOM AS. Revenue 1.93m NOK → 1.57m NOK (-18.6%). Net result +363.5k NOK → +319.2k NOK. Equity 1 175 NOK → 1.50m NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A2 EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +403.0k NOK → +456.8k NOK (op. margin 20.9% → 29.1%). Calculated
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↑
Equity strengthened
Book equity 1 175 NOK → 1.50m NOK (equity ratio 0.0% → 25.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.93m NOK to 1.57m NOK (-18.6% YoY). Calculated
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↓
Net result weakened
Net result +363.5k NOK → +319.2k NOK (net margin 18.8% → 20.3%). Calculated
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↓
Cash fell
Bank deposits 950.2k NOK → 87.9k NOK (-90.7% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.30× → 0.62× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
Payroll up without matching revenue
Salary cost 1 058 NOK → 4.74m NOK (0% → 301% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 330.5k NOK → 344.5k NOK. Reported fact