21-5 NORGE AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-07-09; registry 2021-07-22; journal 2021 585747
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 21-5 NORGE AS. Net result -3 712 NOK → -2.50m NOK. Equity -3.68m NOK → -6.18m NOK.
On the constructive side: cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
n/m
800 NOK
—
Operating result
-3 712 NOK
-2.10m NOK
-56559.5%
Net result
-3 712 NOK
-2.50m NOK
-67139.8%
Equity
-3.68m NOK
-6.18m NOK
-67.8%
Cash
4 759 NOK
2.21m NOK
+46304.9%
Total assets
90.8k NOK
259.0k NOK
+185.4%
What improved
-
↑
Cash rose
Bank deposits 4 759 NOK → 2.21m NOK (+46304.9% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -3 712 NOK → -2.10m NOK. Calculated
-
↓
Net result weakened
Net result -3 712 NOK → -2.50m NOK. Calculated
-
↓
Equity eroded
Book equity -3.68m NOK → -6.18m NOK (equity ratio -4058.1% → -2385.2%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 24.05× → 0.04× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated