1H HOLDING AS: årsregnskap 2020 vs 2019
Returned to profit
approved 2021-05-29; registry 2021-07-08; journal 2021 462825
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 1H HOLDING AS. Net result -23.7k NOK → +439.7k NOK. Equity 3.41m NOK → 3.65m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened.
Net constructive year on the published lines.
At a glance
Scorecard
Operating result
-26.8k NOK
-20.3k NOK
+24.1%
Net result
-23.7k NOK
+439.7k NOK
+1955.6%
Equity
3.41m NOK
3.65m NOK
+7.0%
Cash
734 NOK
906.7k NOK
+123433.2%
Total assets
3.46m NOK
3.92m NOK
+13.3%
What improved
-
↑
Operating result improved
Operating result -26.8k NOK → -20.3k NOK. Calculated
-
↑
Turned profitable
Net result flipped from a loss of 23.7k NOK to a profit of 439.7k NOK. Calculated
-
↑
Equity strengthened
Book equity 3.41m NOK → 3.65m NOK (equity ratio 98.5% → 93.0%). Calculated
-
↑
Cash rose
Bank deposits 734 NOK → 906.7k NOK (+123433.2% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.57× → 2.25×. Calculated