4FAG AS: årsregnskap 2020 vs 2019
Stronger earnings
approved 2021-02-15; registry 2021-05-12; journal 2021 284607
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 4FAG AS. Revenue 0 NOK → 6.34m NOK. Net result +1 233 NOK → +787.6k NOK. Equity 95.7k NOK → 103.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 6.34m NOK. Calculated
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↑
Operating result improved
Operating result 0 NOK → +1.02m NOK. Calculated
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↑
Net result improved
Net result +1 233 NOK → +787.6k NOK. Calculated
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↑
Equity strengthened
Book equity 95.7k NOK → 103.3k NOK (equity ratio 94.5% → 56.3%). Calculated
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↑
Cash rose
Bank deposits 100.0k NOK → 538.5k NOK (+438.5% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 17.96× → 0.09× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated