Org.nr 819 032 262 2019 → 2020 Year-over-year analysis

...PIECE OF CAKE AS: årsregnskap 2020 vs 2019

Returned to profit, cash halved-plus, fresh owner capital

approved 2021-05-13; registry 2021-09-11; journal 2021 747935

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ...PIECE OF CAKE AS. Net result -3 263 NOK → +13.0k NOK. Equity 17.6k NOK → 1.03m NOK.

On the constructive side: turned profitable; equity strengthened; owners injected capital. Pressures included: operating result weakened; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Operating result
-4 184 NOK -17.1k NOK
-309.3%
Net result
-3 263 NOK +13.0k NOK
+497.8%
Equity
17.6k NOK 1.03m NOK
+5755.7%
Cash
12.1k NOK 6 NOK
-100.0%
Total assets
17.6k NOK 3.03m NOK
+17122.0%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 3 263 NOK to a profit of 13.0k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 17.6k NOK → 1.03m NOK (equity ratio 100.0% → 34.0%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 42.0k NOK → 1.04m NOK (+999.9k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -4 184 NOK → -17.1k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 12.1k NOK → 6 NOK (-100.0% YoY). Calculated