FirmaIQ
Org.nr 922 178 488 2019 → 2020 Year-over-year analysis

1EARTH HOLDING AS: årsregnskap 2020 vs 2019

Shrank 95% on revenue

registry 2021-08-23; journal 2021 671750

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 1EARTH HOLDING AS. Revenue 750 NOK → 41 NOK (-94.5%). Net result -4 836 NOK → -6 423 NOK. Equity 25.2k NOK → 18.7k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
750 NOK 41 NOK
-94.5%
Operating result
-4 820 NOK -6 424 NOK
-33.3%
Net result
-4 836 NOK -6 423 NOK
-32.8%
Equity
25.2k NOK 18.7k NOK
-25.5%
Cash
264 NOK 19.9k NOK
+7425.4%
Total assets
25.2k NOK 29.8k NOK
+18.3%

What improved

  • ↑

    Cash rose

    Bank deposits 264 NOK → 19.9k NOK (+7425.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 750 NOK to 41 NOK (-94.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -4 820 NOK → -6 424 NOK (op. margin -642.7% → -15668.3%). Calculated

  • ↓

    Net result weakened

    Net result -4 836 NOK → -6 423 NOK (net margin -644.8% → -15665.9%). Calculated

  • ↓

    Equity eroded

    Book equity 25.2k NOK → 18.7k NOK (equity ratio 100.0% → 63.0%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 4 NOK → 45.0k NOK (1% → 109854% of revenue). Calculated