Org.nr 924 736 704 2020 → 2021 Year-over-year analysis

A. GRINDEVOLL HOLDING AS: årsregnskap 2021 vs 2020

Cash halved-plus

approved 2022-06-21; registry 2022-06-23; journal 2022 501853

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for A. GRINDEVOLL HOLDING AS. Net result -3 368 NOK → -9 982 NOK. Equity 17.6k NOK → 7 651 NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

Net tougher year on the published lines.

Scorecard

Operating result
-3 373 NOK -9 752 NOK
-189.1%
Net result
-3 368 NOK -9 982 NOK
-196.4%
Equity
17.6k NOK 7 651 NOK
-56.6%
Cash
17.6k NOK 7 651 NOK
-56.6%
Total assets
32.6k NOK 22.7k NOK
-30.6%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -3 373 NOK → -9 752 NOK. Calculated

  • ↓

    Net result weakened

    Net result -3 368 NOK → -9 982 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 17.6k NOK → 7 651 NOK (equity ratio 54.0% → 33.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 17.6k NOK → 7 651 NOK (-56.6% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.18× → 0.51× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated