11A HOLDING AS: årsregnskap 2020 vs 2019
Stronger earnings, cash halved-plus
approved 2021-06-25; registry 2022-07-14; journal 2022 709538
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 11A HOLDING AS. Net result +2 NOK → +341.1k NOK. Equity 34.4k NOK → 275.6k NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 11A HOLDING AS.
At a glance
Scorecard
Operating result
n/m
-2 344 NOK
—
Net result
+2 NOK
+341.1k NOK
+17056100.0%
Equity
34.4k NOK
275.6k NOK
+700.3%
Cash
4 433 NOK
2 087 NOK
-52.9%
Total assets
34.4k NOK
376.1k NOK
+992.2%
What improved
-
↑
Net result improved
Net result +2 NOK → +341.1k NOK. Calculated
-
↑
Equity strengthened
Book equity 34.4k NOK → 275.6k NOK (equity ratio 100.0% → 73.3%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 4 433 NOK → 2 087 NOK (-52.9% YoY). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 30.0k NOK → 28.5k NOK. Reported fact