ADV STUBBERUD FISKEBÅT OG KVOTEMEGLING AS: årsregnskap 2020 vs 2019
Grew 127% on revenue, returned to profit, cash halved-plus
approved 2021-03-16; registry 2021-03-18; journal 2021 156705
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADV STUBBERUD FISKEBÅT OG KVOTEMEGLING AS. Revenue 140.0k NOK → 317.1k NOK (+126.6%). Net result -220.6k NOK → +989.3k NOK. Equity -632.2k NOK → 30.0k NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: cash fell.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 140.0k NOK to 317.1k NOK (+126.6% YoY). Calculated
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Turned profitable
Net result flipped from a loss of 220.6k NOK to a profit of 989.3k NOK. Calculated
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Equity strengthened
Book equity -632.2k NOK → 30.0k NOK (equity ratio -66.1% → 4.2%). Calculated
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Current ratio back above 1×
Current ratio 0.11× → 1.13×. Calculated
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Payroll decreased
Salary cost 5 405 NOK → 1 NOK (4% → 0% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 13.2k NOK → 14 NOK (-99.9% YoY). Calculated