A&M HOLDINGS AS: årsregnskap 2020 vs 2019
Slipped into loss, cash halved-plus
approved 2021-03-30; registry 2021-04-15; journal 2021 191932
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A&M HOLDINGS AS. Revenue 58.4k NOK → 58.4k NOK (0.0%). Net result +9.26m NOK → -62.0k NOK. Equity 3.98m NOK → 3.92m NOK.
On the constructive side: operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A&M HOLDINGS AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -104.9k NOK → -63.4k NOK (op. margin -179.7% → -108.6%). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 9.26m NOK profit to a loss of 62.0k NOK. Calculated
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↓
Equity eroded
Book equity 3.98m NOK → 3.92m NOK (equity ratio 29.9% → 97.9%). Calculated
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↓
Cash fell
Bank deposits 2 455 NOK → 195 NOK (-92.1% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 4 NOK → 4.00m NOK. Reported fact