ADMINOR EIENDOM AS: årsregnskap 2020 vs 2019
Grew 104797% on revenue, slipped into loss
approved 2021-06-16; registry 2021-07-17; journal 2021 498784
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADMINOR EIENDOM AS. Revenue 1 923 NOK → 2.02m NOK (+104796.9%). Net result +144.4k NOK → -198.0k NOK. Equity 9.08m NOK → 8.88m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADMINOR EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 923 NOK to 2.02m NOK (+104796.9% YoY). Calculated
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↑
Cash rose
Bank deposits 71.8k NOK → 647.7k NOK (+802.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +898.2k NOK → +500.1k NOK (op. margin 46706.2% → 24.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 144.4k NOK profit to a loss of 198.0k NOK. Calculated
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↓
Equity eroded
Book equity 9.08m NOK → 8.88m NOK (equity ratio 23.8% → 20.7%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.91× → 0.80× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 6 998 NOK → 1 750 NOK (-75.0% YoY). Calculated