LINDHOLT HOLDING AS: årsregnskap 2020 vs 2019
Stronger earnings, cash halved-plus
approved 2021-06-18; registry 2021-06-24; journal 2021 472877
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for LINDHOLT HOLDING AS. Net result +25.1k NOK → +876.9k NOK. Equity 156.7k NOK → 33.7k NOK.
On the constructive side: net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for LINDHOLT HOLDING AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +25.1k NOK → +876.9k NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -366 NOK → -495 NOK. Calculated
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↓
Equity eroded
Book equity 156.7k NOK → 33.7k NOK (equity ratio 100.0% → 91.0%). Calculated
-
↓
Cash fell
Bank deposits 118.3k NOK → 16.9k NOK (-85.7% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 156.7k NOK → 33.7k NOK — check capital reduction, conversion, or reclassification. Interpretation