180.NO NUMMEROPPLYSNINGEN AS: årsregnskap 2020 vs 2019
Shrank 22% on revenue, stronger earnings
approved 2021-03-24; registry 2021-08-21; journal 2021 634798
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 180.NO NUMMEROPPLYSNINGEN AS. Revenue 77.11m NOK → 60.33m NOK (-21.8%). Net result +2.49m NOK → +3.48m NOK. Equity 11.98m NOK → 5.46m NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for 180.NO NUMMEROPPLYSNINGEN AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +2.85m NOK → +4.04m NOK (op. margin 3.7% → 6.7%). Calculated
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Net result improved
Net result +2.49m NOK → +3.48m NOK (net margin 3.2% → 5.8%). Calculated
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Cash rose
Bank deposits 6.61m NOK → 10.93m NOK (+65.4% YoY). Calculated
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Payroll decreased
Salary cost 20.60m NOK → 19.06m NOK (27% → 32% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 77.11m NOK to 60.33m NOK (-21.8% YoY). Calculated
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Equity eroded
Book equity 11.98m NOK → 5.46m NOK (equity ratio 33.3% → 14.0%). Calculated
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Current ratio dropped below 1×
Current ratio 1.01× → 0.79× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 1.91m NOK → 508.0k NOK — check capital reduction, conversion, or reclassification. Interpretation