FirmaIQ
Org.nr 987 582 715 2004 → 2005 Year-over-year analysis

2020PARK AS: årsregnskap 2005 vs 2004

Grew 3453% on revenue, slipped into loss

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for 2020PARK AS. Revenue 596.4k NOK → 21.19m NOK (+3453.0%). Net result +6 935 NOK → -2.36m NOK. Equity 106.9k NOK → -2.25m NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 2020PARK AS.

At a glance

Scorecard

Revenue
596.4k NOK 21.19m NOK
+3453.0%
Operating result
n/m +2.77m NOK
—
Net result
+6 935 NOK -2.36m NOK
-34082.1%
Equity
106.9k NOK -2.25m NOK
-2203.8%
Cash
n/m 5.27m NOK
—
Total assets
115.3k NOK 140.95m NOK
+122134.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 596.4k NOK to 21.19m NOK (+3453.0% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 6 935 NOK profit to a loss of 2.36m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 106.9k NOK → -2.25m NOK (equity ratio 92.7% → -1.6%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation