ADVIS EIENDOM AS: årsregnskap 2020 vs 2019
Shrank 94% on revenue, slipped into loss
approved 2021-01-25; registry 2021-01-27; journal 2021 109964
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVIS EIENDOM AS. Revenue 961.7k NOK → 59.0k NOK (-93.9%). Net result +670.9k NOK → -34.7k NOK. Equity 1.16m NOK → 2.02m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVIS EIENDOM AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 1.16m NOK → 2.02m NOK (equity ratio 16.5% → 27.7%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 961.7k NOK to 59.0k NOK (-93.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +866.8k NOK → +16.0k NOK (op. margin 90.1% → 27.1%). Calculated
-
↓
Fell into a net loss
Net result flipped from 670.9k NOK profit to a loss of 34.7k NOK. Calculated
-
↓
Cash fell
Bank deposits 87.8k NOK → 78.9k NOK (-10.2% YoY). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 600.0k NOK → 500.0k NOK — check capital reduction, conversion, or reclassification. Interpretation