5 X H MOTE NATIONAL AS: årsregnskap 2020 vs 2019
Returned to profit
approved 2020-12-31; registry 2021-09-27; journal 2021 744907
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 5 X H MOTE NATIONAL AS. Net result -21.4k NOK → +22.2k NOK. Equity 1.32m NOK → 1.29m NOK.
On the constructive side: operating result improved; turned profitable. Pressures included: equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 5 X H MOTE NATIONAL AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -69.9k NOK → -28.9k NOK. Calculated
-
↑
Turned profitable
Net result flipped from a loss of 21.4k NOK to a profit of 22.2k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 1.32m NOK → 1.29m NOK (equity ratio 100.0% → 99.8%). Calculated
-
↓
Cash fell
Bank deposits 3 903 NOK → 2 758 NOK (-29.3% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1.31m NOK → 1.28m NOK. Reported fact