361 VENTURES AS: årsregnskap 2020 vs 2019
Slipped into loss, cash halved-plus
approved 2021-08-16; registry 2021-08-21; journal 2021 655701
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 361 VENTURES AS. Revenue 901.9k NOK → 865.2k NOK (-4.1%). Net result +219.6k NOK → -15.2k NOK. Equity 244.0k NOK → 228.9k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 361 VENTURES AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 901.9k NOK to 865.2k NOK (-4.1% YoY). Calculated
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Operating result weakened
Operating result +281.7k NOK → -17.3k NOK (op. margin 31.2% → -2.0%). Calculated
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Fell into a net loss
Net result flipped from 219.6k NOK profit to a loss of 15.2k NOK. Calculated
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Equity eroded
Book equity 244.0k NOK → 228.9k NOK (equity ratio 38.4% → 28.4%). Calculated
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Cash fell
Bank deposits 395.3k NOK → 103.3k NOK (-73.9% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 50.0k NOK → 100.0k NOK. Reported fact