A UTVIK HOLDING AS: årsregnskap 2020 vs 2019
Shrank 66% on revenue, slipped into loss, cash halved-plus
approved 2021-05-19; registry 2021-06-14; journal 2021 310124
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A UTVIK HOLDING AS. Revenue 176.8k NOK → 59.5k NOK (-66.3%). Net result +1.57m NOK → -454.0k NOK. Equity 67.10m NOK → 66.98m NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for A UTVIK HOLDING AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 176.8k NOK to 59.5k NOK (-66.3% YoY). Calculated
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Operating result weakened
Operating result 0 NOK → -1 179 NOK (op. margin 0.0% → -2.0%). Calculated
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Fell into a net loss
Net result flipped from 1.57m NOK profit to a loss of 454.0k NOK. Calculated
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Equity eroded
Book equity 67.10m NOK → 66.98m NOK (equity ratio 81.9% → 13.4%). Calculated
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Cash fell
Bank deposits 128.0k NOK → 62.0k NOK (-51.6% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 465.0k NOK → 4 865 NOK — check capital reduction, conversion, or reclassification. Interpretation
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Book investments changed
Investment / intangible book value 68.0k NOK → 5 688 NOK. Reported fact