Org.nr 916 558 368 2019 → 2020 Year-over-year analysis

ADVSAN HOLDING AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-03-24; registry 2021-06-08; journal 2021 265587

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADVSAN HOLDING AS. Net result +284.5k NOK → +36.6k NOK. Equity 104.7k NOK → 141.3k NOK.

On the constructive side: operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
n/m 0 NOK
—
Operating result
-15.4k NOK -12.9k NOK
+16.4%
Net result
+284.5k NOK +36.6k NOK
-87.1%
Equity
104.7k NOK 141.3k NOK
+35.0%
Cash
57.2k NOK 47.9k NOK
-16.3%
Total assets
387.2k NOK 327.9k NOK
-15.3%

What improved

  • ↑

    Operating result improved

    Operating result -15.4k NOK → -12.9k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 104.7k NOK → 141.3k NOK (equity ratio 27.0% → 43.1%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +284.5k NOK → +36.6k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 57.2k NOK → 47.9k NOK (-16.3% YoY). Calculated