101 TECH AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-07-30; registry 2021-08-19; journal 2021 647399
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 101 TECH AS. Net result +98.5k NOK → +12.2k NOK. Equity 128.5k NOK → 10.14m NOK.
On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 101 TECH AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -1 444 NOK → +15.3k NOK. Calculated
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↑
Equity strengthened
Book equity 128.5k NOK → 10.14m NOK (equity ratio 62.6% → 5915.0%). Calculated
-
↑
Cash rose
Bank deposits 30.0k NOK → 54.6k NOK (+82.1% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.39× → 3.14×. Calculated
What deteriorated
-
↓
Net result weakened
Net result +98.5k NOK → +12.2k NOK. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 175.0k NOK → 75.0k NOK. Reported fact