A-M-B HOLDING AS: årsregnskap 2020 vs 2019
Stronger earnings, cash halved-plus
approved 2021-05-27; registry 2021-06-19; journal 2021 350703
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A-M-B HOLDING AS. Revenue 56.0k NOK → 56.0k NOK (0.0%). Net result +586.8k NOK → +841.6k NOK. Equity 8.23m NOK → 8.98m NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: operating result weakened; cash fell; current ratio dropped below 1×.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for A-M-B HOLDING AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +586.8k NOK → +841.6k NOK (net margin 1047.5% → 1502.4%). Calculated
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Equity strengthened
Book equity 8.23m NOK → 8.98m NOK (equity ratio 78.8% → 86.6%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -88.4k NOK → -178.8k NOK (op. margin -157.9% → -319.2%). Calculated
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↓
Cash fell
Bank deposits 2.93m NOK → 604.8k NOK (-79.4% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.33× → 0.43× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (2.93m NOK → 604.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Book investments changed
Investment / intangible book value 7.28m NOK → 9.55m NOK. Reported fact