SENTIA ASA: årsregnskap 2020 vs 2019
Stronger earnings, cash halved-plus
approved 2021-04-06; registry 2021-05-12; journal 2021 227084
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for SENTIA ASA. Revenue 8.84bn NOK → 8.83bn NOK (-0.1%). Net result +2.13m NOK → +4.42m NOK. Equity 178.60m NOK → 183.03m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for SENTIA ASA.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -356.1k NOK → -91.3k NOK (op. margin -0.0% → -0.0%). Calculated
-
↑
Net result improved
Net result +2.13m NOK → +4.42m NOK (net margin 0.0% → 0.1%). Calculated
-
↑
Equity strengthened
Book equity 178.60m NOK → 183.03m NOK (equity ratio 77.3% → 79.3%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 8.84bn NOK to 8.83bn NOK (-0.1% YoY). Calculated
-
↓
Cash fell
Bank deposits 593.83m NOK → 745.3k NOK (-99.9% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 22.92m NOK → 22.94m NOK (0% → 0% of revenue). Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (593.83m NOK → 745.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
COGS fell
COGS / varekostnad 7.76bn NOK → 7.58bn NOK (-2.4% YoY). Calculated