FirmaIQ
Org.nr 921 964 773 2019 → 2020 Year-over-year analysis

1940 HOLDING AS: årsregnskap 2020 vs 2019

Stronger earnings, fresh owner capital

approved 2021-07-06; registry 2021-08-17; journal 2021 623198

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 1940 HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +106.1k NOK → +623.5k NOK. Equity 1.09m NOK → 1.72m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: operating result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 1940 HOLDING AS.

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
+18.1k NOK -35.9k NOK
-298.0%
Net result
+106.1k NOK +623.5k NOK
+487.5%
Equity
1.09m NOK 1.72m NOK
+57.0%
Cash
21.5k NOK 87.3k NOK
+305.6%
Total assets
5.23m NOK 5.56m NOK
+6.5%

What improved

  • ↑

    Net result improved

    Net result +106.1k NOK → +623.5k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.09m NOK → 1.72m NOK (equity ratio 20.9% → 30.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 21.5k NOK → 87.3k NOK (+305.6% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1 NOK → 1.00m NOK (+1000.0k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +18.1k NOK → -35.9k NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 5 143 NOK → 5.31m NOK. Reported fact