Org.nr 914 240 433 2019 → 2020 Year-over-year analysis

ADMIRALEN AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-05-26; registry 2021-07-06; journal 2021 450379

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADMIRALEN AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -92.1k NOK → -1.09m NOK. Equity 855.6k NOK → 958.5k NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADMIRALEN AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-120.8k NOK -1.41m NOK
-1069.0%
Net result
-92.1k NOK -1.09m NOK
-1088.7%
Equity
855.6k NOK 958.5k NOK
+12.0%
Cash
7 955 NOK 76.4k NOK
+860.9%
Total assets
987.6k NOK 611.8k NOK
-38.0%

What improved

  • ↑

    Equity strengthened

    Book equity 855.6k NOK → 958.5k NOK (equity ratio 86.6% → 156.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 7 955 NOK → 76.4k NOK (+860.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -120.8k NOK → -1.41m NOK. Calculated

  • ↓

    Net result weakened

    Net result -92.1k NOK → -1.09m NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 750.7k NOK → 750 NOK. Reported fact