A35 HOLDING AS: årsregnskap 2020 vs 2019
Shrank 35% on revenue, slipped into loss
approved 2021-07-04; registry 2021-08-05; journal 2021 612703
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A35 HOLDING AS. Revenue 1.45m NOK → 947.3k NOK (-34.8%). Net result +221.4k NOK → -333.8k NOK. Equity 214.6k NOK → 4.88m NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A35 HOLDING AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 214.6k NOK → 4.88m NOK (equity ratio 9.2% → 242.0%). Calculated
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↑
Cash rose
Bank deposits 228.3k NOK → 946.0k NOK (+314.4% YoY). Calculated
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↑
Payroll decreased
Salary cost 988.0k NOK → 980.6k NOK (68% → 104% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.45m NOK to 947.3k NOK (-34.8% YoY). Calculated
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↓
Operating result weakened
Operating result +287.3k NOK → -299.7k NOK (op. margin 19.8% → -31.6%). Calculated
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↓
Fell into a net loss
Net result flipped from 221.4k NOK profit to a loss of 333.8k NOK. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 7.16m NOK → 150.0k NOK. Reported fact