1H HOLDING AS: årsregnskap 2021 vs 2020
Stronger earnings, cash halved-plus
approved 2022-06-30; registry 2022-07-11; journal 2022 614354
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 1H HOLDING AS. Net result +439.7k NOK → +808.8k NOK. Equity 3.65m NOK → 3.61m NOK.
On the constructive side: net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Operating result
-20.3k NOK
-31.2k NOK
-53.6%
Net result
+439.7k NOK
+808.8k NOK
+84.0%
Equity
3.65m NOK
3.61m NOK
-0.9%
Cash
906.7k NOK
287.9k NOK
-68.2%
Total assets
3.92m NOK
5.76m NOK
+46.9%
What improved
-
↑
Net result improved
Net result +439.7k NOK → +808.8k NOK. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -20.3k NOK → -31.2k NOK. Calculated
-
↓
Equity eroded
Book equity 3.65m NOK → 3.61m NOK (equity ratio 93.0% → 62.8%). Calculated
-
↓
Cash fell
Bank deposits 906.7k NOK → 287.9k NOK (-68.2% YoY). Calculated