360 UNDERHOLDNING AS: årsregnskap 2020 vs 2019
Shrank 62% on revenue, stronger earnings
approved 2021-08-19; registry 2021-08-23; journal 2021 664128
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 360 UNDERHOLDNING AS. Revenue 2.16m NOK → 825.7k NOK (-61.9%). Net result +116.9k NOK → +289.9k NOK. Equity -43.3k NOK → 30.6k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +116.6k NOK → +355.3k NOK (op. margin 5.4% → 43.0%). Calculated
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Net result improved
Net result +116.9k NOK → +289.9k NOK (net margin 5.4% → 35.1%). Calculated
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Equity strengthened
Book equity -43.3k NOK → 30.6k NOK (equity ratio -18.6% → 7.2%). Calculated
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Current ratio back above 1×
Current ratio 0.84× → 1.04×. Calculated
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Payroll decreased
Salary cost 625.6k NOK → 142.2k NOK (29% → 17% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.16m NOK to 825.7k NOK (-61.9% YoY). Calculated
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↓
Cash fell
Bank deposits 137.5k NOK → 130.0k NOK (-5.5% YoY). Calculated