Org.nr 924 373 857 2019 → 2020 Year-over-year analysis

VARHAUG HOLDING AS: årsregnskap 2020 vs 2019

Slipped into loss, fresh owner capital

approved 2021-06-30; registry 2021-07-05; journal 2021 519442

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for VARHAUG HOLDING AS. Net result 0 NOK → -5 570 NOK. Equity 30.0k NOK → 1.30m NOK.

On the constructive side: equity strengthened; owners injected capital. Pressures included: fell into a net loss; cash fell.

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

Scorecard

Revenue
n/m 5 570 NOK
—
Operating result
n/m -5 570 NOK
—
Net result
0 NOK -5 570 NOK
—
Equity
30.0k NOK 1.30m NOK
+4248.5%
Cash
30.0k NOK 24.4k NOK
-18.6%
Total assets
30.0k NOK 1.30m NOK
+4248.5%

What improved

  • ↑

    Equity strengthened

    Book equity 30.0k NOK → 1.30m NOK (equity ratio 100.0% → 100.0%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 30.0k NOK → 1.31m NOK (+1.28m NOK). Reported fact

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 0 NOK profit to a loss of 5 570 NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 30.0k NOK → 24.4k NOK (-18.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 113 NOK → 1 280 NOK. Reported fact