AEGIR HOLDING AS: årsregnskap 2020 vs 2019
Shrank 27% on revenue, stronger earnings
approved 2021-05-18; registry 2021-07-29; journal 2021 558749
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AEGIR HOLDING AS. Revenue 45.2k NOK → 32.9k NOK (-27.2%). Net result -171.4k NOK → -55.1k NOK. Equity 585.2k NOK → 530.1k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AEGIR HOLDING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -172.7k NOK → -55.6k NOK (op. margin -382.2% → -169.0%). Calculated
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↑
Net result improved
Net result -171.4k NOK → -55.1k NOK (net margin -379.2% → -167.6%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 45.2k NOK to 32.9k NOK (-27.2% YoY). Calculated
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↓
Equity eroded
Book equity 585.2k NOK → 530.1k NOK (equity ratio 91.4% → 90.4%). Calculated
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↓
Cash fell
Bank deposits 249.6k NOK → 204.1k NOK (-18.2% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 3.38m NOK → 382.5k NOK. Reported fact