15 KNOP AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-08-20; registry 2021-08-23; journal 2021 667454
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 15 KNOP AS. Net result -31.7k NOK → -169.5k NOK. Equity 68.3k NOK → -101.1k NOK.
On the constructive side: operating result improved; cash rose. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 15 KNOP AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -11.6k NOK → -11.5k NOK. Calculated
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↑
Cash rose
Bank deposits 28.2k NOK → 34.8k NOK (+23.6% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result -31.7k NOK → -169.5k NOK. Calculated
-
↓
Equity eroded
Book equity 68.3k NOK → -101.1k NOK (equity ratio 2.9% → -3.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -3.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 2.24m NOK → 3.07m NOK. Reported fact