A. VARHAUG HOLDING AS: årsregnskap 2020 vs 2019
Weaker earnings
registry 2021-09-22; journal 2021 778021
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A. VARHAUG HOLDING AS. Net result +804.5k NOK → +444.7k NOK. Equity 6.50m NOK → 6.05m NOK.
On the constructive side: operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Operating result
-115.4k NOK
-112.9k NOK
+2.2%
Net result
+804.5k NOK
+444.7k NOK
-44.7%
Equity
6.50m NOK
6.05m NOK
-7.0%
Cash
1.67m NOK
977.2k NOK
-41.5%
Total assets
7.52m NOK
6.80m NOK
-9.7%
What improved
-
↑
Operating result improved
Operating result -115.4k NOK → -112.9k NOK. Calculated
What deteriorated
-
↓
Net result weakened
Net result +804.5k NOK → +444.7k NOK. Calculated
-
↓
Equity eroded
Book equity 6.50m NOK → 6.05m NOK (equity ratio 86.4% → 89.0%). Calculated
-
↓
Cash fell
Bank deposits 1.67m NOK → 977.2k NOK (-41.5% YoY). Calculated