Org.nr 919 780 185 2019 → 2020 Year-over-year analysis

ACCOUNTIT HYLLE15 AS: årsregnskap 2020 vs 2019

Slipped into loss

approved 2021-07-02; registry 2021-09-01; journal 2021 704666

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ACCOUNTIT HYLLE15 AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +544.6k NOK → -4 219 NOK. Equity -28.8k NOK → -33.0k NOK.

On the constructive side: cash rose; current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACCOUNTIT HYLLE15 AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
+144.6k NOK -4 219 NOK
-102.9%
Net result
+544.6k NOK -4 219 NOK
-100.8%
Equity
-28.8k NOK -33.0k NOK
-14.6%
Cash
669 NOK 669.7k NOK
+100000.0%
Total assets
6 549 NOK 6 549 NOK
0.0%

What improved

  • ↑

    Cash rose

    Bank deposits 669 NOK → 669.7k NOK (+100000.0% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.11× → 66.31×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +144.6k NOK → -4 219 NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 544.6k NOK profit to a loss of 4 219 NOK. Calculated

  • ↓

    Equity eroded

    Book equity -28.8k NOK → -33.0k NOK (equity ratio -440.2% → -504.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -504.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation