A.M.ZACHS AS: årsregnskap 2020 vs 2019
Stronger earnings, fresh owner capital
approved 2021-08-30; registry 2021-09-01; journal 2021 704620
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A.M.ZACHS AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +156.5k NOK → +11.46m NOK. Equity 3.59m NOK → 3 NOK.
On the constructive side: net result improved; cash rose; owners injected capital. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A.M.ZACHS AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +156.5k NOK → +11.46m NOK. Calculated
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↑
Cash rose
Bank deposits 29.5k NOK → 116.6k NOK (+295.1% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 24.3k NOK → 30.0k NOK (+5 666 NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -1 545 NOK → -62.0k NOK. Calculated
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↓
Equity eroded
Book equity 3.59m NOK → 3 NOK (equity ratio 607.3% → 0.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 561.6k NOK → 148.2k NOK. Reported fact