Org.nr 998 442 273 2019 → 2020 Year-over-year analysis

A HOFF INVEST AS: årsregnskap 2020 vs 2019

Returned to profit

registry 2021-09-09; journal 2021 687780

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A HOFF INVEST AS. Net result -38.5k NOK → 0 NOK. Equity 662.2k NOK → 10.66m NOK.

On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: operating result weakened.

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

At a glance

Revenue

n/m -3 250 NOK

—

Operating result

-38.5k NOK -47.2k NOK

-22.6%

Net result

-38.5k NOK 0 NOK

+100.0%

Equity

662.2k NOK 10.66m NOK

+1510.1%

Cash

1 717 NOK 8 532 NOK

+396.9%

Total assets

2.25m NOK 1.86m NOK

-17.6%

↑
Turned profitable

Net result flipped from a loss of 38.5k NOK to a profit of 0 NOK. Calculated
↑
Equity strengthened

Book equity 662.2k NOK → 10.66m NOK (equity ratio 29.4% → 574.4%). Calculated
↑
Cash rose

Bank deposits 1 717 NOK → 8 532 NOK (+396.9% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.08× → 29.39×. Calculated

↓
Operating result weakened

Operating result -38.5k NOK → -47.2k NOK. Calculated

·
Book investments changed

Investment / intangible book value 2.25m NOK → 1.80m NOK. Reported fact