Org.nr 989 001 906 2020 → 2021 Year-over-year analysis

HHK HOLDING & CONSULTING AS: årsregnskap 2021 vs 2020

Shrank 100% on revenue, returned to profit

approved 2022-06-29; registry 2022-08-04; journal 2022 786838

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for HHK HOLDING & CONSULTING AS. Revenue 140.7k NOK → 0 NOK (-100.0%). Net result -1.07m NOK → +4.70m NOK. Equity 10.16m NOK → 10.85m NOK.

On the constructive side: turned profitable; equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.

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 0 NOK
-100.0%
Operating result
-38.7k NOK -41.3k NOK
-6.9%
Net result
-1.07m NOK +4.70m NOK
+538.0%
Equity
10.16m NOK 10.85m NOK
+6.8%
Cash
4.64m NOK 3.53m NOK
-24.0%
Total assets
10.44m NOK 11.14m NOK
+6.7%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.07m NOK to a profit of 4.70m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 10.16m NOK → 10.85m NOK (equity ratio 97.3% → 97.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 140.7k NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -38.7k NOK → -41.3k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 4.64m NOK → 3.53m NOK (-24.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 5.79m NOK → 7.61m NOK. Reported fact