FirmaIQ
Org.nr 923 152 830 2019 → 2020 Year-over-year analysis

1071 CONSULT AS: årsregnskap 2020 vs 2019

Stronger earnings, cash halved-plus

approved 2021-09-30; registry 2021-10-04; journal 2021 871322

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 1071 CONSULT AS. Revenue 824.0k NOK → 830.5k NOK (+0.8%). Net result +301.2k NOK → +569.4k NOK. Equity 12.33m NOK → 13.15m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
824.0k NOK 830.5k NOK
+0.8%
Operating result
+386.1k NOK +729.7k NOK
+89.0%
Net result
+301.2k NOK +569.4k NOK
+89.0%
Equity
12.33m NOK 13.15m NOK
+6.6%
Cash
386.5k NOK 29.0k NOK
-92.5%
Total assets
532.3k NOK 50.8k NOK
-90.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 824.0k NOK to 830.5k NOK (+0.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +386.1k NOK → +729.7k NOK (op. margin 46.9% → 87.9%). Calculated

  • ↑

    Net result improved

    Net result +301.2k NOK → +569.4k NOK (net margin 36.6% → 68.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 12.33m NOK → 13.15m NOK (equity ratio 2315.7% → 25861.8%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 386.5k NOK → 29.0k NOK (-92.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.58× → 0.03× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated