FirmaIQ
Org.nr 923 138 846 2019 → 2020 Year-over-year analysis

10X CONSULTING AS: årsregnskap 2020 vs 2019

Shrank 87% on revenue

registry 2021-04-28; journal 2021 234901

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 10X CONSULTING AS. Revenue 289.0k NOK → 36.4k NOK (-87.4%). Net result +121.6k NOK → +104.3k NOK. Equity 11.15m NOK → 11.25m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
289.0k NOK 36.4k NOK
-87.4%
Operating result
+154.3k NOK +110.2k NOK
-28.6%
Net result
+121.6k NOK +104.3k NOK
-14.2%
Equity
11.15m NOK 11.25m NOK
+0.9%
Cash
185.0k NOK 114.9k NOK
-37.9%
Total assets
185.0k NOK 266.2k NOK
+43.9%

What improved

  • ↑

    Equity strengthened

    Book equity 11.15m NOK → 11.25m NOK (equity ratio 6025.9% → 4227.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 289.0k NOK to 36.4k NOK (-87.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +154.3k NOK → +110.2k NOK (op. margin 53.4% → 302.4%). Calculated

  • ↓

    Net result weakened

    Net result +121.6k NOK → +104.3k NOK (net margin 42.1% → 286.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 185.0k NOK → 114.9k NOK (-37.9% YoY). Calculated