Org.nr 976 114 329 2019 → 2020 Year-over-year analysis

3ANGLE AS: årsregnskap 2020 vs 2019

Cash halved-plus

approved 2020-12-31; registry 2021-03-17; journal 2021 149907

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 3ANGLE AS. Net result +8 NOK → 0 NOK. Equity 2 771 NOK → 1 012 NOK.

Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Net tougher year on the published lines.

Scorecard

Revenue
0 NOK n/m
—
Operating result
n/m -1 NOK
—
Net result
+8 NOK 0 NOK
-100.0%
Equity
2 771 NOK 1 012 NOK
-63.5%
Cash
7 677 NOK 1 012 NOK
-86.8%
Total assets
7 677 NOK 1 012 NOK
-86.8%

What deteriorated

  • ↓

    Equity eroded

    Book equity 2 771 NOK → 1 012 NOK (equity ratio 36.1% → 100.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 7 677 NOK → 1 012 NOK (-86.8% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.56× → 0.21× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated