Org.nr 989 001 906 2019 → 2020 Year-over-year analysis

HHK HOLDING & CONSULTING AS: årsregnskap 2020 vs 2019

Slipped into loss

approved 2021-08-20; registry 2021-10-02; journal 2021 760853

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for HHK HOLDING & CONSULTING AS. Revenue 140.7k NOK → 140.7k NOK (0.0%). Net result +12.8k NOK → -1.07m NOK. Equity 11.53m NOK → 10.16m NOK.

On the constructive side: cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

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

Scorecard

Revenue
140.7k NOK 140.7k NOK
0.0%
Operating result
+69.9k NOK -38.7k NOK
-155.3%
Net result
+12.8k NOK -1.07m NOK
-8502.9%
Equity
11.53m NOK 10.16m NOK
-11.9%
Cash
1.33m NOK 4.64m NOK
+250.4%
Total assets
11.81m NOK 10.44m NOK
-11.6%

What improved

  • ↑

    Cash rose

    Bank deposits 1.33m NOK → 4.64m NOK (+250.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +69.9k NOK → -38.7k NOK (op. margin 49.7% → -27.5%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 12.8k NOK profit to a loss of 1.07m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 11.53m NOK → 10.16m NOK (equity ratio 97.6% → 97.3%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 10.48m NOK → 5.79m NOK. Reported fact