ACTIVA EIENDOM AS: årsregnskap 2020 vs 2019
Grew 21% on revenue, returned to profit, cash halved-plus
approved 2021-08-31; registry 2021-10-25; journal 2021 863870
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACTIVA EIENDOM AS. Revenue 4.60m NOK → 5.57m NOK (+21.1%). Net result -36.7k NOK → +2.21m NOK. Equity 3.64m NOK → 3.46m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded; cash fell.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ACTIVA EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.60m NOK to 5.57m NOK (+21.1% YoY). Calculated
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Operating result improved
Operating result +221.3k NOK → +674.7k NOK (op. margin 4.8% → 12.1%). Calculated
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Turned profitable
Net result flipped from a loss of 36.7k NOK to a profit of 2.21m NOK. Calculated
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Payroll decreased
Salary cost 895.0k NOK → 835.2k NOK (19% → 15% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 3.64m NOK → 3.46m NOK (equity ratio 32.8% → 21.3%). Calculated
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↓
Cash fell
Bank deposits 829.4k NOK → 171.9k NOK (-79.3% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 3.14m NOK → 3.55m NOK (+13.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 15.0k NOK → 8 506 NOK. Reported fact