Org.nr 990 012 237 2019 → 2020 Year-over-year analysis

10COM AS: årsregnskap 2020 vs 2019

Slipped into loss, cash halved-plus

approved 2021-06-12; registry 2021-06-15; journal 2021 426218

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 10COM AS. Net result +7 NOK → -99.3k NOK. Equity 130.9k NOK → 31.6k NOK.

On the constructive side: operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.

Net tougher year on the published lines.

Scorecard

Revenue
n/m 0 NOK
—
Operating result
-119.9k NOK -99.3k NOK
+17.2%
Net result
+7 NOK -99.3k NOK
-1419014.3%
Equity
130.9k NOK 31.6k NOK
-75.9%
Cash
169.4k NOK 68.9k NOK
-59.3%
Total assets
169.4k NOK 76.4k NOK
-54.9%

What improved

  • ↑

    Operating result improved

    Operating result -119.9k NOK → -99.3k NOK. Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 7 NOK profit to a loss of 99.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 130.9k NOK → 31.6k NOK (equity ratio 77.3% → 41.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 169.4k NOK → 68.9k NOK (-59.3% YoY). Calculated