A HAUGEN HOLDING AS: årsregnskap 2020 vs 2019
Stronger earnings, cash halved-plus
approved 2021-05-03; registry 2021-06-17; journal 2021 339639
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A HAUGEN HOLDING AS. Net result +102.5k NOK → +239.2k NOK. Equity 4.88m NOK → 5.12m NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for A HAUGEN HOLDING AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +102.5k NOK → +239.2k NOK. Calculated
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↑
Equity strengthened
Book equity 4.88m NOK → 5.12m NOK (equity ratio 100.0% → 100.0%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +9.83m NOK → -11.0k NOK. Calculated
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↓
Cash fell
Bank deposits 3.88m NOK → 224.1k NOK (-94.2% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (3.88m NOK → 224.1k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 0 NOK → 1 196 NOK. Reported fact