1028 HYTTEDRIFT AS: årsregnskap 2020 vs 2019
Stronger earnings
approved 2021-05-06; registry 2021-06-12; journal 2021 286690
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 1028 HYTTEDRIFT AS. Net result -24.7k NOK → -27 NOK. Equity 5 276 NOK → 5 249 NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 1028 HYTTEDRIFT AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -31.9k NOK → -343 NOK. Calculated
-
↑
Net result improved
Net result -24.7k NOK → -27 NOK. Calculated
-
↑
Cash rose
Bank deposits 32.2k NOK → 2.52m NOK (+7722.7% YoY). Calculated
What deteriorated
-
↓
Current ratio dropped below 1×
Current ratio 61.79× → 0.09× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation