Org.nr 989 198 068 2019 → 2020 Year-over-year analysis

ADVOKAT DAVID HILTON HOLDING AS: årsregnskap 2020 vs 2019

Slipped into loss, cash halved-plus

approved 2021-08-18; registry 2021-09-06; journal 2021 723444

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKAT DAVID HILTON HOLDING AS. Net result +934 NOK → -348.5k NOK. Equity 295.5k NOK → 1.30m NOK.

On the constructive side: equity strengthened. Pressures included: operating result weakened; fell into a net loss; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT DAVID HILTON HOLDING AS.

Scorecard

Revenue
n/m 129 NOK
—
Operating result
-16.9k NOK -28.5k NOK
-68.4%
Net result
+934 NOK -348.5k NOK
-37417.3%
Equity
295.5k NOK 1.30m NOK
+338.3%
Cash
662.9k NOK 67.5k NOK
-89.8%
Total assets
389.7k NOK 1.30m NOK
+233.5%

What improved

  • ↑

    Equity strengthened

    Book equity 295.5k NOK → 1.30m NOK (equity ratio 75.8% → 99.7%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -16.9k NOK → -28.5k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 934 NOK profit to a loss of 348.5k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 662.9k NOK → 67.5k NOK (-89.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 181.4k NOK → 2 NOK. Reported fact