FirmaIQ
Org.nr 821 655 552 2019 → 2020 Year-over-year analysis

AJ STANGELAND HOLDING AS: årsregnskap 2020 vs 2019

Shrank 98% on revenue, weaker earnings

approved 2021-05-05; registry 2021-06-29; journal 2021 412602

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AJ STANGELAND HOLDING AS. Revenue 384.14m NOK → 7.61m NOK (-98.0%). Net result +385.70m NOK → +18.63m NOK. Equity 407.33m NOK → 425.96m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AJ STANGELAND HOLDING AS.

At a glance

Scorecard

Revenue
384.14m NOK 7.61m NOK
-98.0%
Operating result
+381.18m NOK +7.44m NOK
-98.0%
Net result
+385.70m NOK +18.63m NOK
-95.2%
Equity
407.33m NOK 425.96m NOK
+4.6%
Cash
135.40m NOK 127.52m NOK
-5.8%
Total assets
513.82m NOK 470.78m NOK
-8.4%

What improved

  • ↑

    Equity strengthened

    Book equity 407.33m NOK → 425.96m NOK (equity ratio 79.3% → 90.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 384.14m NOK to 7.61m NOK (-98.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +381.18m NOK → +7.44m NOK (op. margin 99.2% → 97.7%). Calculated

  • ↓

    Net result weakened

    Net result +385.70m NOK → +18.63m NOK (net margin 100.4% → 244.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 135.40m NOK → 127.52m NOK (-5.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 4.36m NOK → 6 NOK. Reported fact