Org.nr 921 196 156 2019 → 2020 Year-over-year analysis

EDH HOLDING AS: årsregnskap 2020 vs 2019

Returned to profit

approved 2021-03-18; registry 2021-03-23; journal 2021 164334

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for EDH HOLDING AS. Net result -17.6k NOK → +50.85m NOK. Equity 6 725 NOK → 48.86m NOK.

On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: operating result weakened.

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

At a glance

Operating result

-16.2k NOK -22.4k NOK

-38.7%

Net result

-17.6k NOK +50.85m NOK

+288376.6%

Equity

6 725 NOK 48.86m NOK

+726380.7%

Cash

18.9k NOK 27.25m NOK

+144301.5%

Total assets

42.8k NOK 50.93m NOK

+118957.0%

↑
Turned profitable

Net result flipped from a loss of 17.6k NOK to a profit of 50.85m NOK. Calculated
↑
Equity strengthened

Book equity 6 725 NOK → 48.86m NOK (equity ratio 15.7% → 95.9%). Calculated
↑
Cash rose

Bank deposits 18.9k NOK → 27.25m NOK (+144301.5% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.55× → 16.98×. Calculated

↓
Operating result weakened

Operating result -16.2k NOK → -22.4k NOK. Calculated

·
Book investments changed

Investment / intangible book value 22.9k NOK → 15.77m NOK. Reported fact