Org.nr 923 181 490 2019 → 2020 Year-over-year analysis

9XX HOLDING AS: årsregnskap 2020 vs 2019

Slipped into loss, fresh owner capital

approved 2021-05-26; registry 2021-05-29; journal 2021 343677

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 9XX HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +23.4k NOK → -32.4k NOK. Equity 3.58m NOK → 3.55m NOK.

On the constructive side: owners injected capital. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 9XX HOLDING AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
+30.1k NOK -41.6k NOK
-238.4%
Net result
+23.4k NOK -32.4k NOK
-238.6%
Equity
3.58m NOK 3.55m NOK
-0.9%
Cash
185.8k NOK 171.2k NOK
-7.8%
Total assets
3.58m NOK 3.55m NOK
-0.9%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 3 606 NOK → 3.61m NOK (+3.60m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +30.1k NOK → -41.6k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 23.4k NOK profit to a loss of 32.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 3.58m NOK → 3.55m NOK (equity ratio 100.0% → 100.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 185.8k NOK → 171.2k NOK (-7.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 3 136 NOK → 1 536 NOK. Reported fact