GALIBIER HOLDING AS: årsregnskap 2020 vs 2019
Returned to profit
approved 2021-05-22; registry 2021-09-30; journal 2021 838188
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for GALIBIER HOLDING AS. Net result -4 433 NOK → +26.3k NOK. Equity 25.6k NOK → 51.9k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for GALIBIER HOLDING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -6 224 NOK → -621 NOK. Calculated
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↑
Turned profitable
Net result flipped from a loss of 4 433 NOK to a profit of 26.3k NOK. Calculated
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↑
Equity strengthened
Book equity 25.6k NOK → 51.9k NOK (equity ratio 46.0% → 7.3%). Calculated
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↑
Cash rose
Bank deposits 19.6k NOK → 224.6k NOK (+1047.1% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 7.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 21.1k NOK → 100.0k NOK. Reported fact