247REGNSKAP AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-09-30; registry 2021-10-26; journal 2021 874014
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 247REGNSKAP AS. Revenue 2.87m NOK → 2.81m NOK (-2.0%). Net result +322.4k NOK → +222.1k NOK. Equity 103.2k NOK → 130.3k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 247REGNSKAP AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 103.2k NOK → 130.3k NOK (equity ratio 14.3% → 15.3%). Calculated
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↑
Cash rose
Bank deposits 75.4k NOK → 142.8k NOK (+89.3% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.87m NOK to 2.81m NOK (-2.0% YoY). Calculated
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↓
Operating result weakened
Operating result +413.6k NOK → +291.2k NOK (op. margin 14.4% → 10.4%). Calculated
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↓
Net result weakened
Net result +322.4k NOK → +222.1k NOK (net margin 11.2% → 7.9%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.12× → 0.70× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
Payroll up without matching revenue
Salary cost 2.03m NOK → 2.09m NOK (71% → 74% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 31.0k NOK → 345.0k NOK. Reported fact