A-R HELGEMO HOLDING AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-06-28; registry 2021-09-28; journal 2021 748583
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A-R HELGEMO HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -56.6k NOK → -641.9k NOK. Equity 500.9k NOK → -141.0k NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A-R HELGEMO HOLDING AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 641 NOK → 642.6k NOK (+100156.0% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.01× → 3.44×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -56.1k NOK → -59.2k NOK. Calculated
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↓
Net result weakened
Net result -56.6k NOK → -641.9k NOK. Calculated
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↓
Equity eroded
Book equity 500.9k NOK → -141.0k NOK (equity ratio 83.7% → -308.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -308.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 597.7k NOK → 45.0k NOK. Reported fact