FirmaIQ
Org.nr 991 958 398 2019 → 2020 Year-over-year analysis

621 GT HOLDING AS: årsregnskap 2020 vs 2019

Weaker earnings, cash halved-plus

approved 2021-05-20; registry 2021-08-30; journal 2021 652201

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 621 GT HOLDING AS. Net result -28.44m NOK → -202.43m NOK. Equity 123.57m NOK → 16.17m NOK.

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

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
-230.1k NOK -233.1k NOK
-1.3%
Net result
-28.44m NOK -202.43m NOK
-611.8%
Equity
123.57m NOK 16.17m NOK
-86.9%
Cash
90.1k NOK 7 205 NOK
-92.0%
Total assets
123.57m NOK 16.32m NOK
-86.8%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -230.1k NOK → -233.1k NOK. Calculated

  • ↓

    Net result weakened

    Net result -28.44m NOK → -202.43m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 123.57m NOK → 16.17m NOK (equity ratio 100.0% → 99.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 90.1k NOK → 7 205 NOK (-92.0% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 123.57m NOK → 16.17m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 6.12bn NOK → 6 NOK. Reported fact