Org.nr 821 575 532 2019 → 2020 Year-over-year analysis

1KONTOR AS: årsregnskap 2020 vs 2019

Shrank 100% on revenue, slipped into loss

approved 2020-12-31; registry 2021-11-13; journal 2021 896704

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 1KONTOR AS. Revenue 1.14m NOK → 1 135 NOK (-99.9%). Net result +6 NOK → -17.2k NOK. Equity 9 331 NOK → -7 869 NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 1KONTOR AS.

Scorecard

Revenue
1.14m NOK 1 135 NOK
-99.9%
Operating result
-23.1k NOK -17.2k NOK
+25.7%
Net result
+6 NOK -17.2k NOK
-286766.7%
Equity
9 331 NOK -7 869 NOK
-184.3%
Cash
712 NOK 1 945 NOK
+173.2%
Total assets
3 258 NOK 2 780 NOK
-14.7%

What improved

  • ↑

    Operating result improved

    Operating result -23.1k NOK → -17.2k NOK (op. margin -2.0% → -1515.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 712 NOK → 1 945 NOK (+173.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.14m NOK to 1 135 NOK (-99.9% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 6 NOK profit to a loss of 17.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 9 331 NOK → -7 869 NOK (equity ratio 286.4% → -283.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -283.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation