AEQUOR HITRA AS: årsregnskap 2020 vs 2019
Weaker earnings, cash halved-plus
approved 2021-08-31; registry 2021-09-30; journal 2021 839912
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AEQUOR HITRA AS. Net result -16.1k NOK → -350.0k NOK. Equity 83.9k NOK → 2.03m NOK.
On the constructive side: equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for AEQUOR HITRA AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 83.9k NOK → 2.03m NOK (equity ratio 3.5% → 21.7%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -20.9k NOK → -368.1k NOK. Calculated
-
↓
Net result weakened
Net result -16.1k NOK → -350.0k NOK. Calculated
-
↓
Cash fell
Bank deposits 924.8k NOK → 115.1k NOK (-87.6% YoY). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 400 NOK — check capital reduction, conversion, or reclassification. Interpretation