HHK HOLDING & CONSULTING AS: årsregnskap 2019 vs 2018
Grew 5168% on revenue, returned to profit
approved 2020-08-28; registry 2020-09-10; journal 2020 784240
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for HHK HOLDING & CONSULTING AS. Revenue 2 670 NOK → 140.7k NOK (+5168.3%). Net result -252.4k NOK → +12.8k NOK. Equity 10.52m NOK → 11.53m NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for HHK HOLDING & CONSULTING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2 670 NOK to 140.7k NOK (+5168.3% YoY). Calculated
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↑
Turned profitable
Net result flipped from a loss of 252.4k NOK to a profit of 12.8k NOK. Calculated
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↑
Equity strengthened
Book equity 10.52m NOK → 11.53m NOK (equity ratio 96.1% → 97.6%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 1.96m NOK → 1.33m NOK (-32.2% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 8.99m NOK → 10.48m NOK. Reported fact