2020 CONSULTING AS: årsregnskap 2023 vs 2022
Shrank 12% on revenue, slipped into loss, fresh owner capital
approved 2024-05-30; registry 2024-06-01; journal 2024 467807
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 2020 CONSULTING AS. Revenue 199.7k NOK → 176.5k NOK (-11.6%). Net result +66.5k NOK → -426.0k NOK. Equity 90.9k NOK → -335.1k NOK.
On the constructive side: cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 2020 CONSULTING AS.
At a glance
Scorecard
What improved
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Cash rose
Bank deposits 141.8k NOK → 217.3k NOK (+53.2% YoY). Calculated
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Owners injected capital
Paid-in equity rose 24.4k NOK → 30.0k NOK (+5 570 NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 199.7k NOK to 176.5k NOK (-11.6% YoY). Calculated
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↓
Operating result weakened
Operating result +85.2k NOK → -420.6k NOK (op. margin 42.7% → -238.3%). Calculated
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Fell into a net loss
Net result flipped from 66.5k NOK profit to a loss of 426.0k NOK. Calculated
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↓
Equity eroded
Book equity 90.9k NOK → -335.1k NOK (equity ratio 57.8% → -147.5%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.14× → 0.50× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -147.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation