Org.nr 993 742 864 2019 → 2020 Year-over-year analysis

A HELBERG HOLDING AS: årsregnskap 2020 vs 2019

Stronger earnings, cash halved-plus

approved 2021-04-26; registry 2021-05-12; journal 2021 282201

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A HELBERG HOLDING AS. Net result +33.5k NOK → +46.2k NOK. Equity 4.02m NOK → 4.02m NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A HELBERG HOLDING AS.

At a glance

Operating result

-23.8k NOK -23.6k NOK

+0.8%

Net result

+33.5k NOK +46.2k NOK

+37.9%

Equity

4.02m NOK 4.02m NOK

-0.1%

Cash

1.81m NOK 902.3k NOK

-50.2%

Total assets

4.09m NOK 4.13m NOK

+1.0%

↑
Operating result improved

Operating result -23.8k NOK → -23.6k NOK. Calculated
↑
Net result improved

Net result +33.5k NOK → +46.2k NOK. Calculated

↓
Equity eroded

Book equity 4.02m NOK → 4.02m NOK (equity ratio 98.5% → 97.4%). Calculated
↓
Cash fell

Bank deposits 1.81m NOK → 902.3k NOK (-50.2% YoY). Calculated

·
Book investments changed

Investment / intangible book value 78.8k NOK → 53.8k NOK. Reported fact