4BIT GAMES AS: årsregnskap 2020 vs 2019
Shrank 38% on revenue, returned to profit
approved 2021-05-31; registry 2021-06-02; journal 2021 380094
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 4BIT GAMES AS. Revenue 188.9k NOK → 118.0k NOK (-37.5%). Net result -145.4k NOK → +40.0k NOK. Equity 148.5k NOK → 11.19m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -141.8k NOK → +40.0k NOK (op. margin -75.1% → 33.9%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 145.4k NOK to a profit of 40.0k NOK. Calculated
-
↑
Equity strengthened
Book equity 148.5k NOK → 11.19m NOK (equity ratio 73.6% → 5157.1%). Calculated
-
↑
Cash rose
Bank deposits 184.6k NOK → 202.1k NOK (+9.5% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 188.9k NOK to 118.0k NOK (-37.5% YoY). Calculated