A. ANDERSEN HOLDING AS: årsregnskap 2020 vs 2019
Slipped into loss, cash halved-plus
approved 2021-04-18; registry 2021-04-21; journal 2021 214842
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A. ANDERSEN HOLDING AS. Net result +45 NOK → -16 NOK. Equity 15.3k NOK → 15.3k NOK.
Pressures included: fell into a net loss; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A. ANDERSEN HOLDING AS.
At a glance
Scorecard
Revenue
n/m
0 NOK
—
Operating result
n/m
-31 NOK
—
Net result
+45 NOK
-16 NOK
-135.6%
Equity
15.3k NOK
15.3k NOK
-0.1%
Cash
89.3k NOK
9 239 NOK
-89.6%
Total assets
1.70m NOK
1.74m NOK
+2.2%
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 45 NOK profit to a loss of 16 NOK. Calculated
-
↓
Cash fell
Bank deposits 89.3k NOK → 9 239 NOK (-89.6% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 1 265 NOK → 1.21m NOK. Reported fact