1912 TOP HOLDING AS: årsregnskap 2020 vs 2019
Returned to profit, fresh owner capital
approved 2021-05-04; registry 2021-07-28; journal 2021 551281
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 1912 TOP HOLDING AS. Revenue 0 NOK → 16.6k NOK. Net result -33.6k NOK → +16.29m NOK. Equity 166.04m NOK → 287.49m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 1912 TOP HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 16.6k NOK. Calculated
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↑
Operating result improved
Operating result -68.0k NOK → +16.26m NOK. Calculated
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↑
Turned profitable
Net result flipped from a loss of 33.6k NOK to a profit of 16.29m NOK. Calculated
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↑
Equity strengthened
Book equity 166.04m NOK → 287.49m NOK (equity ratio 92.5% → 100.0%). Calculated
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↑
Owners injected capital
Paid-in equity rose 161.15m NOK → 266.31m NOK (+105.16m NOK). Reported fact
What deteriorated
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↓
Cash fell
Bank deposits 2.02m NOK → 1.72m NOK (-14.9% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 177.47m NOK → 6 NOK. Reported fact