AKSO HOLDING AS: årsregnskap 2020 vs 2019
Weaker earnings, cash halved-plus
approved 2021-05-13; registry 2021-06-19; journal 2021 353739
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AKSO HOLDING AS. Net result +70.5k NOK → +50.8k NOK. Equity 8.10m NOK → 151.3k NOK.
On the constructive side: operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKSO HOLDING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -6 184 NOK → -3 524 NOK. Calculated
What deteriorated
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↓
Net result weakened
Net result +70.5k NOK → +50.8k NOK. Calculated
-
↓
Equity eroded
Book equity 8.10m NOK → 151.3k NOK (equity ratio 1881.7% → 27.0%). Calculated
-
↓
Cash fell
Bank deposits 130.3k NOK → 18.8k NOK (-85.6% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 300.2k NOK → 375.1k NOK. Reported fact