FirmaIQ
Org.nr 920 939 783 2019 → 2020 Year-over-year analysis

HELLSTRAND INVEST AS: årsregnskap 2020 vs 2019

Weaker earnings, fresh owner capital

approved 2021-05-01; registry 2021-05-04; journal 2021 258486

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for HELLSTRAND INVEST AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +947.6k NOK → +130.9k NOK. Equity 971.7k NOK → 102.6k NOK.

On the constructive side: cash rose; owners injected capital. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer; 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
+5 543 NOK -7 128 NOK
-228.6%
Net result
+947.6k NOK +130.9k NOK
-86.2%
Equity
971.7k NOK 102.6k NOK
-89.4%
Cash
793 NOK 173.8k NOK
+21815.9%
Total assets
57.7k NOK 2.79m NOK
+4743.4%

What improved

  • ↑

    Cash rose

    Bank deposits 793 NOK → 173.8k NOK (+21815.9% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 24.4k NOK → 30.0k NOK (+5 570 NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +5 543 NOK → -7 128 NOK. Calculated

  • ↓

    Net result weakened

    Net result +947.6k NOK → +130.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 971.7k NOK → 102.6k NOK (equity ratio 1684.1% → 3.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 3 000 NOK → 30.0k NOK. Reported fact