A.R.M HOLDING AS: årsregnskap 2020 vs 2019
Slipped into loss
approved 2021-08-30; registry 2021-09-18; journal 2021 723454
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A.R.M HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +11.7k NOK → -11.7k NOK. Equity 1 891 NOK → -9 813 NOK.
Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A.R.M HOLDING AS.
At a glance
Scorecard
What deteriorated
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↓
Operating result weakened
Operating result +11.7k NOK → -11.7k NOK. Calculated
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↓
Fell into a net loss
Net result flipped from 11.7k NOK profit to a loss of 11.7k NOK. Calculated
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↓
Equity eroded
Book equity 1 891 NOK → -9 813 NOK (equity ratio 3.1% → -10.9%). Calculated
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↓
Cash fell
Bank deposits 429.4k NOK → 423.4k NOK (-1.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -10.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 60.0k NOK → 90.0k NOK. Reported fact