A.H. KLEMSDAL AS: årsregnskap 2020 vs 2019
Returned to profit, cash halved-plus
approved 2021-03-17; registry 2021-05-18; journal 2021 296732
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A.H. KLEMSDAL AS. Net result -60.3k NOK → +23.9k NOK. Equity 8.98m NOK → 3.01m NOK.
On the constructive side: operating result improved; turned profitable. Pressures included: equity eroded; cash fell.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for A.H. KLEMSDAL AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -178.2k NOK → -5 875 NOK. Calculated
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↑
Turned profitable
Net result flipped from a loss of 60.3k NOK to a profit of 23.9k NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity 8.98m NOK → 3.01m NOK (equity ratio 100.0% → 100.0%). Calculated
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↓
Cash fell
Bank deposits 8.96m NOK → 2.99m NOK (-66.6% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (8.96m NOK → 2.99m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation