FirmaIQ
Org.nr 920 939 783 2018 → 2019 Year-over-year analysis

HELLSTRAND INVEST AS: årsregnskap 2019 vs 2018

Stronger earnings, cash halved-plus

approved 2020-05-18; registry 2020-05-30; journal 2020 378814

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for HELLSTRAND INVEST AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +406.5k NOK → +947.6k NOK. Equity 430.9k NOK → 971.7k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: cash fell.

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

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
+1 995 NOK +5 543 NOK
+177.8%
Net result
+406.5k NOK +947.6k NOK
+133.1%
Equity
430.9k NOK 971.7k NOK
+125.5%
Cash
19.4k NOK 793 NOK
-95.9%
Total assets
460.9k NOK 57.7k NOK
-87.5%

What improved

  • ↑

    Operating result improved

    Operating result +1 995 NOK → +5 543 NOK. Calculated

  • ↑

    Net result improved

    Net result +406.5k NOK → +947.6k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 430.9k NOK → 971.7k NOK (equity ratio 93.5% → 1684.1%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.65× → 11.92×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 19.4k NOK → 793 NOK (-95.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 33.0k NOK → 3 000 NOK. Reported fact