0DIN HOLDING AS: årsregnskap 2020 vs 2019
Another loss-making year
approved 2021-05-03; registry 2021-06-01; journal 2021 359971
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 0DIN HOLDING AS. Net result -58.2k NOK → -50.6k NOK. Equity 12.4k NOK → -38.2k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 0DIN HOLDING AS.
At a glance
Scorecard
Operating result
-14.3k NOK
-5 625 NOK
+60.7%
Net result
-58.2k NOK
-50.6k NOK
+13.1%
Equity
12.4k NOK
-38.2k NOK
-407.6%
Cash
2 774 NOK
2 776 NOK
+0.1%
Total assets
1.03m NOK
1.03m NOK
+0.0%
What improved
-
↑
Operating result improved
Operating result -14.3k NOK → -5 625 NOK. Calculated
-
↑
Net result improved
Net result -58.2k NOK → -50.6k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 12.4k NOK → -38.2k NOK (equity ratio 1.2% → -3.7%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -3.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation