FirmaIQ
Org.nr 991 029 273 2019 → 2020 Year-over-year analysis

AB EIENDOM FLORØ AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-02-19; registry 2021-02-27; journal 2021 127847

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AB EIENDOM FLORØ AS. Revenue 134.8k NOK → 140.1k NOK (+4.0%). Net result -22.6k NOK → -41.2k NOK. Equity 458.9k NOK → 417.7k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AB EIENDOM FLORØ AS.

At a glance

Scorecard

Revenue
134.8k NOK 140.1k NOK
+4.0%
Operating result
+62.1k NOK +36.4k NOK
-41.5%
Net result
-22.6k NOK -41.2k NOK
-82.7%
Equity
458.9k NOK 417.7k NOK
-9.0%
Cash
15.2k NOK 25.7k NOK
+69.1%
Total assets
4.21m NOK 4.23m NOK
+0.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 134.8k NOK to 140.1k NOK (+4.0% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 15.2k NOK → 25.7k NOK (+69.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +62.1k NOK → +36.4k NOK (op. margin 46.1% → 25.9%). Calculated

  • ↓

    Net result weakened

    Net result -22.6k NOK → -41.2k NOK (net margin -16.7% → -29.4%). Calculated

  • ↓

    Equity eroded

    Book equity 458.9k NOK → 417.7k NOK (equity ratio 10.9% → 9.9%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation