4DEKK AS: årsregnskap 2020 vs 2019
Shrank 19% on revenue, slipped into loss
approved 2020-12-31; registry 2021-10-04; journal 2021 862284
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 4DEKK AS. Revenue 4.50m NOK → 3.64m NOK (-19.1%). Net result +6 NOK → -459.9k NOK. Equity 706.0k NOK → 313.1k NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4DEKK AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.03× → 1.36×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.50m NOK to 3.64m NOK (-19.1% YoY). Calculated
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↓
Operating result weakened
Operating result +75.5k NOK → -325.4k NOK (op. margin 1.7% → -8.9%). Calculated
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↓
Fell into a net loss
Net result flipped from 6 NOK profit to a loss of 459.9k NOK. Calculated
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↓
Equity eroded
Book equity 706.0k NOK → 313.1k NOK (equity ratio 66.1% → 15.0%). Calculated
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↓
Cash fell
Bank deposits 447.0k NOK → 373.0k NOK (-16.6% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 2.51m NOK → 1.85m NOK (-26.2% YoY). Calculated