4HOME DECOR AS: årsregnskap 2020 vs 2019
Grew 1925% on revenue
approved 2021-08-07; registry 2021-08-17; journal 2021 638621
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 4HOME DECOR AS. Revenue 32.1k NOK → 649.8k NOK (+1925.2%). Net result +24.8k NOK → +20.6k NOK. Equity 54.8k NOK → 75.4k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 32.1k NOK to 649.8k NOK (+1925.2% YoY). Calculated
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↑
Equity strengthened
Book equity 54.8k NOK → 75.4k NOK (equity ratio 4.7% → 25.5%). Calculated
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↑
Cash rose
Bank deposits 32.0k NOK → 166.4k NOK (+419.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +32.0k NOK → +27.7k NOK (op. margin 99.6% → 4.3%). Calculated
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↓
Net result weakened
Net result +24.8k NOK → +20.6k NOK (net margin 77.1% → 3.2%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.51× → 0.89× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated