Org.nr 923 039 643 2019 → 2020 Year-over-year analysis

1071 CONCERN AS: årsregnskap 2020 vs 2019

Another loss-making year

approved 2021-09-30; registry 2021-10-04; journal 2021 871886

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 1071 CONCERN AS. Net result -5 NOK → -4 168 NOK. Equity 31.4k NOK → 12.28m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Mixed year — gains and pressures both show up.

Scorecard

Operating result
-6 NOK -4 168 NOK
-69366.7%
Net result
-5 NOK -4 168 NOK
-83260.0%
Equity
31.4k NOK 12.28m NOK
+39014.4%
Cash
1 388 NOK 247.2k NOK
+17711.3%
Total assets
31.4k NOK 277.2k NOK
+783.2%

What improved

  • ↑

    Equity strengthened

    Book equity 31.4k NOK → 12.28m NOK (equity ratio 100.0% → 4428.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 1 388 NOK → 247.2k NOK (+17711.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -6 NOK → -4 168 NOK. Calculated

  • ↓

    Net result weakened

    Net result -5 NOK → -4 168 NOK. Calculated