FirmaIQ
Org.nr 991 958 398 2018 → 2019 Year-over-year analysis

621 GT HOLDING AS: årsregnskap 2019 vs 2018

Another loss-making year

approved 2020-06-15; registry 2020-09-12; journal 2020 801507

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 621 GT HOLDING AS. Net result -33.47m NOK → -28.44m NOK. Equity 152.01m NOK → 123.57m NOK.

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

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for 621 GT HOLDING AS.

At a glance

Scorecard

Operating result
-211.5k NOK -230.1k NOK
-8.8%
Net result
-33.47m NOK -28.44m NOK
+15.0%
Equity
152.01m NOK 123.57m NOK
-18.7%
Cash
143.5k NOK 90.1k NOK
-37.2%
Total assets
164.80m NOK 123.57m NOK
-25.0%

What improved

  • ↑

    Net result improved

    Net result -33.47m NOK → -28.44m NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -211.5k NOK → -230.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 152.01m NOK → 123.57m NOK (equity ratio 92.2% → 100.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 143.5k NOK → 90.1k NOK (-37.2% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 151.98m NOK → 123.57m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 6.16bn NOK → 6.12bn NOK. Reported fact