FirmaIQ
Org.nr 917 392 781 2019 → 2020 Year-over-year analysis

ADS EIENDOM HOLDING AS: årsregnskap 2020 vs 2019

Returned to profit

approved 2021-08-31; registry 2021-11-06; journal 2021 895050

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADS EIENDOM HOLDING AS. Revenue 0 NOK → 6 NOK. Net result -6.17m NOK → +2.56m NOK. Equity 6.45m NOK → 9.00m NOK.

On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: operating result weakened; cash fell.

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

At a glance

Scorecard

Revenue
0 NOK 6 NOK
—
Operating result
-15.2k NOK -32.8k NOK
-115.5%
Net result
-6.17m NOK +2.56m NOK
+141.5%
Equity
6.45m NOK 9.00m NOK
+39.7%
Cash
3.69m NOK 3.63m NOK
-1.8%
Total assets
6.45m NOK 17.76m NOK
+175.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 6 NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 6.17m NOK to a profit of 2.56m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 6.45m NOK → 9.00m NOK (equity ratio 99.9% → 50.7%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -15.2k NOK → -32.8k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 3.69m NOK → 3.63m NOK (-1.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.75m NOK → 3 NOK. Reported fact