4 SEASONS OSLO AS: årsregnskap 2020 vs 2019
Shrank 15% on revenue, stronger earnings
approved 2021-08-31; registry 2021-10-14; journal 2021 817957
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 4 SEASONS OSLO AS. Revenue 1.39m NOK → 1.19m NOK (-14.6%). Net result +83.4k NOK → +3.19m NOK. Equity 7.85m NOK → 8.04m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4 SEASONS OSLO AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +83.4k NOK → +3.19m NOK (net margin 6.0% → 268.7%). Calculated
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↑
Equity strengthened
Book equity 7.85m NOK → 8.04m NOK (equity ratio 41.6% → 56.4%). Calculated
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↑
Cash rose
Bank deposits 365.7k NOK → 660.6k NOK (+80.6% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.72× → 2.31×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.39m NOK to 1.19m NOK (-14.6% YoY). Calculated
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↓
Operating result weakened
Operating result +614.8k NOK → +608.9k NOK (op. margin 44.2% → 51.3%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 183.2k NOK → 115.0k NOK (-37.2% YoY). Calculated