Org.nr 918 533 427 2019 → 2020 Year-over-year analysis

6812 HOLDING AS: årsregnskap 2020 vs 2019

Slipped into loss, cash halved-plus

approved 2021-05-11; registry 2021-06-12; journal 2021 295446

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 6812 HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +79.0k NOK → -12.2k NOK. Equity 30.0k NOK → 17.8k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 6812 HOLDING AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-17.2k NOK -15.6k NOK
+9.3%
Net result
+79.0k NOK -12.2k NOK
-115.4%
Equity
30.0k NOK 17.8k NOK
-40.6%
Cash
1 351 NOK 1 NOK
-99.9%
Total assets
326.2k NOK 227.9k NOK
-30.1%

What improved

  • ↑

    Operating result improved

    Operating result -17.2k NOK → -15.6k NOK. Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 79.0k NOK profit to a loss of 12.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 30.0k NOK → 17.8k NOK (equity ratio 9.2% → 7.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 1 351 NOK → 1 NOK (-99.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 7.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation