A. FURULUND HOLDING AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-10-18; registry 2021-11-02; journal 2021 891895
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A. FURULUND HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -56.0k NOK → -86.0k NOK. Equity -44.4k NOK → -130.4k NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A. FURULUND HOLDING AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 3 327 NOK → 5 409 NOK (+62.6% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.00× → 4.02×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -12.1k NOK → -45.4k NOK. Calculated
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↓
Net result weakened
Net result -56.0k NOK → -86.0k NOK. Calculated
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↓
Equity eroded
Book equity -44.4k NOK → -130.4k NOK (equity ratio -1.1% → -2.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -2.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 4.20m NOK → 1.61m NOK. Reported fact