Org.nr 821 039 312 2019 → 2020 Year-over-year analysis

356 HOLDING AS: årsregnskap 2020 vs 2019

Slipped into loss, cash halved-plus

approved 2021-03-24; registry 2021-06-08; journal 2021 267117

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 356 HOLDING AS. Net result +2 019 NOK → -79.3k NOK. Equity 25.89m NOK → 25.82m NOK.

On the constructive side: operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for 356 HOLDING AS.

Scorecard

Operating result
-92.7k NOK -59.4k NOK
+36.0%
Net result
+2 019 NOK -79.3k NOK
-4028.5%
Equity
25.89m NOK 25.82m NOK
-0.3%
Cash
639.9k NOK 306.5k NOK
-52.1%
Total assets
48.93m NOK 64.45m NOK
+31.7%

What improved

  • ↑

    Operating result improved

    Operating result -92.7k NOK → -59.4k NOK. Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 2 019 NOK profit to a loss of 79.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 25.89m NOK → 25.82m NOK (equity ratio 52.9% → 40.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 639.9k NOK → 306.5k NOK (-52.1% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 25.89m NOK → 25.82m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 46.26m NOK → 64.08m NOK. Reported fact