4HUMAN QM365 AS: årsregnskap 2020 vs 2019
Shrank 16% on revenue, weaker earnings, cash halved-plus
approved 2021-07-07; registry 2021-08-10; journal 2021 596622
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 4HUMAN QM365 AS. Revenue 13.73m NOK → 11.55m NOK (-15.9%). Net result +3.24m NOK → +17.4k NOK. Equity 4.78m NOK → 799.8k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 4HUMAN QM365 AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 13.73m NOK to 11.55m NOK (-15.9% YoY). Calculated
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Operating result weakened
Operating result +3.64m NOK → +442.1k NOK (op. margin 26.5% → 3.8%). Calculated
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↓
Net result weakened
Net result +3.24m NOK → +17.4k NOK (net margin 23.6% → 0.2%). Calculated
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↓
Equity eroded
Book equity 4.78m NOK → 799.8k NOK (equity ratio 30.7% → 23.6%). Calculated
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↓
Cash fell
Bank deposits 879.4k NOK → 134.1k NOK (-84.8% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 71.7k NOK → 55.4k NOK (-22.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 344.8k NOK → 346.2k NOK. Reported fact