365 ECONOMY AS: årsregnskap 2020 vs 2019
Slipped into loss, cash halved-plus
approved 2021-06-24; registry 2021-08-30; journal 2021 694612
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 365 ECONOMY AS. Revenue 0 NOK → 59.1k NOK. Net result +9 204 NOK → -265.4k NOK. Equity 18.4k NOK → 25.1k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; fell into a net loss; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 59.1k NOK. Calculated
-
↑
Equity strengthened
Book equity 18.4k NOK → 25.1k NOK (equity ratio 77.1% → 27.7%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -9 204 NOK → -265.4k NOK. Calculated
-
↓
Fell into a net loss
Net result flipped from 9 204 NOK profit to a loss of 265.4k NOK. Calculated
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↓
Cash fell
Bank deposits 649.6k NOK → 16.7k NOK (-97.4% YoY). Calculated