A&H GRØTERUD HOLDING AS: årsregnskap 2020 vs 2019
Slipped into loss, cash halved-plus
approved 2021-06-11; registry 2021-06-16; journal 2021 428026
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A&H GRØTERUD HOLDING AS. Net result +438.6k NOK → -395.0k NOK. Equity 2.05m NOK → 1.65m NOK.
Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for A&H GRØTERUD HOLDING AS.
At a glance
Scorecard
What deteriorated
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Operating result weakened
Operating result -3 888 NOK → -5 335 NOK. Calculated
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Fell into a net loss
Net result flipped from 438.6k NOK profit to a loss of 395.0k NOK. Calculated
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↓
Equity eroded
Book equity 2.05m NOK → 1.65m NOK (equity ratio 65.6% → 61.0%). Calculated
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↓
Cash fell
Bank deposits 1.16m NOK → 391.5k NOK (-66.3% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1083.13× → 0.37× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (1.16m NOK → 391.5k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 1.96m NOK → 2.32m NOK. Reported fact