A4 EIENDOMSINVEST AS: årsregnskap 2020 vs 2019
Grew 101% on revenue, returned to profit, cash halved-plus
approved 2021-02-16; registry 2021-03-22; journal 2021 160200
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A4 EIENDOMSINVEST AS. Revenue 492.6k NOK → 988.6k NOK (+100.7%). Net result -400.3k NOK → +1.04m NOK. Equity 1.93m NOK → 2.37m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for A4 EIENDOMSINVEST AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 492.6k NOK to 988.6k NOK (+100.7% YoY). Calculated
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Operating result improved
Operating result -163.5k NOK → +418.5k NOK (op. margin -33.2% → 42.3%). Calculated
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Turned profitable
Net result flipped from a loss of 400.3k NOK to a profit of 1.04m NOK. Calculated
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Equity strengthened
Book equity 1.93m NOK → 2.37m NOK (equity ratio 21.0% → 34.9%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 778.9k NOK → 147.5k NOK (-81.1% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 8.66× → 0.23× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 1.94m NOK → 38.7k NOK — check capital reduction, conversion, or reclassification. Interpretation