36 HOLMEN AS: årsregnskap 2020 vs 2019
Shrank 5% on revenue, weaker earnings
approved 2021-02-26; registry 2021-05-06; journal 2021 218935
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 36 HOLMEN AS. Revenue 596.3k NOK → 564.1k NOK (-5.4%). Net result +153.8k NOK → +48.4k NOK. Equity 2.08m NOK → 2.13m NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 2.08m NOK → 2.13m NOK (equity ratio 32.5% → 33.3%). Calculated
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↑
Cash rose
Bank deposits 360 NOK → 93.7k NOK (+25919.7% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.01× → 1.28×. Calculated
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↑
Payroll decreased
Salary cost 74.3k NOK → 2 172 NOK (12% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 596.3k NOK to 564.1k NOK (-5.4% YoY). Calculated
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↓
Operating result weakened
Operating result +313.2k NOK → +176.6k NOK (op. margin 52.5% → 31.3%). Calculated
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↓
Net result weakened
Net result +153.8k NOK → +48.4k NOK (net margin 25.8% → 8.6%). Calculated