Org.nr 991 606 351 2019 → 2020 Year-over-year analysis

A C HVOSLEF AS: årsregnskap 2020 vs 2019

Grew 16% on revenue

approved 2021-03-15; registry 2021-03-18; journal 2021 155265

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A C HVOSLEF AS. Revenue 4.20m NOK → 4.88m NOK (+16.1%). Equity 220.8k NOK → 10 NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A C HVOSLEF AS.

At a glance

Revenue

4.20m NOK 4.88m NOK

+16.1%

Operating result

n/m +1.14m NOK

—

Net result

n/m +1.10m NOK

—

Equity

220.8k NOK 10 NOK

-100.0%

Cash

254.9k NOK 767.3k NOK

+201.1%

Total assets

296.2k NOK 2.08m NOK

+602.3%

↑
Revenue rose

Operating income / revenue moved from 4.20m NOK to 4.88m NOK (+16.1% YoY). Calculated
↑
Cash rose

Bank deposits 254.9k NOK → 767.3k NOK (+201.1% YoY). Calculated

↓
Equity eroded

Book equity 220.8k NOK → 10 NOK (equity ratio 74.5% → 0.0%). Calculated

·
Thin equity buffer

Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Book investments changed

Investment / intangible book value 10.9k NOK → 935.1k NOK. Reported fact