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Org.nr 924 190 272 2019 → 2020 Year-over-year analysis

A. KVERNELAND HOLDING AS: årsregnskap 2020 vs 2019

Slipped into loss, cash halved-plus

registry 2021-05-29; journal 2021 340589

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A. KVERNELAND HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +2 NOK → -1 913 NOK. Equity 24.4k NOK → 22.5k NOK.

Pressures included: operating result weakened; fell into a net loss; equity eroded.

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

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
0 NOK -606 NOK
—
Net result
+2 NOK -1 913 NOK
-95750.0%
Equity
24.4k NOK 22.5k NOK
-7.8%
Cash
30.0k NOK 12.5k NOK
-58.3%
Total assets
190.0k NOK 182.5k NOK
-3.9%

What deteriorated

  • ↓

    Operating result weakened

    Operating result 0 NOK → -606 NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 2 NOK profit to a loss of 1 913 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 24.4k NOK → 22.5k NOK (equity ratio 12.9% → 12.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 30.0k NOK → 12.5k NOK (-58.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 160.0k NOK → 170 NOK. Reported fact