Org.nr 999 155 278 2019 → 2020 Year-over-year analysis

ADVANCE EIENDOM AS: årsregnskap 2020 vs 2019

Shrank 95% on revenue

approved 2021-02-10; registry 2021-04-07; journal 2021 187110

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADVANCE EIENDOM AS. Revenue 1 948 NOK → 95 NOK (-95.1%). Equity -573.1k NOK → -459.2k NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
1 948 NOK 95 NOK
-95.1%
Operating result
n/m +393.2k NOK
—
Net result
n/m +113.9k NOK
—
Equity
-573.1k NOK -459.2k NOK
+19.9%
Cash
368.6k NOK 765.1k NOK
+107.5%
Total assets
6.21m NOK 6.13m NOK
-1.3%

What improved

  • ↑

    Equity strengthened

    Book equity -573.1k NOK → -459.2k NOK (equity ratio -9.2% → -7.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 368.6k NOK → 765.1k NOK (+107.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1 948 NOK to 95 NOK (-95.1% YoY). Calculated