Org.nr 929 273 540 2023 → 2024 Year-over-year analysis

2020 HOLDING AS: årsregnskap 2024 vs 2023

Weaker earnings, cash halved-plus

approved 2025-04-29; registry 2025-05-22; journal 2025 456317

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 2020 HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -7 814 NOK → -28.5k NOK. Equity 16.3k NOK → -12.2k NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 2020 HOLDING AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-7 814 NOK -10.8k NOK
-38.1%
Net result
-7 814 NOK -28.5k NOK
-264.3%
Equity
16.3k NOK -12.2k NOK
-174.8%
Cash
54 NOK 18 NOK
-66.7%
Total assets
30.1k NOK 18 NOK
-99.9%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -7 814 NOK → -10.8k NOK. Calculated

  • ↓

    Net result weakened

    Net result -7 814 NOK → -28.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 16.3k NOK → -12.2k NOK (equity ratio 54.2% → -67677.8%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -67677.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 30.0k NOK → 0 NOK. Reported fact