Org.nr 921 190 824 2018 → 2019 Year-over-year analysis

MILLIONS OF BILLIONS HOLDING AS: årsregnskap 2019 vs 2018

Weaker earnings, cash halved-plus

approved 2020-06-30; registry 2020-09-12; journal 2020 797269

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for MILLIONS OF BILLIONS HOLDING AS. Net result -66 NOK → -16.1k NOK. Equity 24.4k NOK → 8 311 NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for MILLIONS OF BILLIONS HOLDING AS.

At a glance

Operating result

-72 NOK -15.3k NOK

-21212.5%

Net result

-66 NOK -16.1k NOK

-24222.7%

Equity

24.4k NOK 8 311 NOK

-65.9%

Cash

21.3k NOK 4 385 NOK

-79.4%

Total assets

24.4k NOK 23.3k NOK

-4.3%

↓
Operating result weakened

Operating result -72 NOK → -15.3k NOK. Calculated
↓
Net result weakened

Net result -66 NOK → -16.1k NOK. Calculated
↓
Equity eroded

Book equity 24.4k NOK → 8 311 NOK (equity ratio 100.0% → 35.7%). Calculated
↓
Cash fell

Bank deposits 21.3k NOK → 4 385 NOK (-79.4% YoY). Calculated

·
Book investments changed

Investment / intangible book value 3 102 NOK → 18.9k NOK. Reported fact