Org.nr 922 640 718 2019 → 2020 Year-over-year analysis

ADS HANGARBYGG 2 AS: årsregnskap 2020 vs 2019

Weaker earnings, fresh owner capital

approved 2021-08-31; registry 2021-11-09; journal 2021 895985

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADS HANGARBYGG 2 AS. Revenue 0 NOK → 311.1k NOK. Net result -20.3k NOK → -83.7k NOK. Equity 5.16m NOK → 5.08m NOK.

On the constructive side: revenue rose; operating result improved; owners injected capital. Pressures included: net result weakened; equity eroded; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADS HANGARBYGG 2 AS.

Scorecard

Revenue
0 NOK 311.1k NOK
—
Operating result
-9 684 NOK +19.3k NOK
+299.2%
Net result
-20.3k NOK -83.7k NOK
-312.9%
Equity
5.16m NOK 5.08m NOK
-1.6%
Cash
n/m 611.7k NOK
—
Total assets
13.04m NOK 18.76m NOK
+43.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 311.1k NOK. Calculated

  • ↑

    Operating result improved

    Operating result -9 684 NOK → +19.3k NOK. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 5 180 NOK → 5.18m NOK (+5.17m NOK). Reported fact

What deteriorated

  • ↓

    Net result weakened

    Net result -20.3k NOK → -83.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 5.16m NOK → 5.08m NOK (equity ratio 39.6% → 27.1%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 161.09× → 0.60× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 50.0k NOK → 4 NOK. Reported fact