FirmaIQ
Org.nr 992 577 622 2019 → 2020 Year-over-year analysis

360DESIGN AS: årsregnskap 2020 vs 2019

Shrank 90% on revenue, slipped into loss, cash halved-plus

approved 2021-08-30; registry 2021-09-29; journal 2021 825682

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 360DESIGN AS. Revenue 171.8k NOK → 17.0k NOK (-90.1%). Net result +89.1k NOK → -28.0k NOK. Equity 6.19m NOK → 159.0k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
171.8k NOK 17.0k NOK
-90.1%
Operating result
+115.1k NOK -35.4k NOK
-130.7%
Net result
+89.1k NOK -28.0k NOK
-131.4%
Equity
6.19m NOK 159.0k NOK
-97.4%
Cash
96.3k NOK 35.5k NOK
-63.1%
Total assets
313.1k NOK 160.0k NOK
-48.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 171.8k NOK to 17.0k NOK (-90.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +115.1k NOK → -35.4k NOK (op. margin 67.0% → -208.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 89.1k NOK profit to a loss of 28.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 6.19m NOK → 159.0k NOK (equity ratio 1976.2% → 99.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 96.3k NOK → 35.5k NOK (-63.1% YoY). Calculated