FirmaIQ
Org.nr 995 372 193 2019 → 2020 Year-over-year analysis

4IT.NO AS: årsregnskap 2020 vs 2019

Shrank 24% on revenue

approved 2021-07-30; registry 2021-09-02; journal 2021 718654

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 4IT.NO AS. Revenue 12.9k NOK → 9 817 NOK (-24.0%). Net result -25.0k NOK → -22.9k NOK. Equity 35.0k NOK → 37.1k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
12.9k NOK 9 817 NOK
-24.0%
Operating result
-25.0k NOK -22.9k NOK
+8.4%
Net result
-25.0k NOK -22.9k NOK
+8.4%
Equity
35.0k NOK 37.1k NOK
+6.0%
Cash
11.5k NOK 12.7k NOK
+10.4%
Total assets
35.0k NOK 37.1k NOK
+6.0%

What improved

  • ↑

    Operating result improved

    Operating result -25.0k NOK → -22.9k NOK (op. margin -194.0% → -233.6%). Calculated

  • ↑

    Net result improved

    Net result -25.0k NOK → -22.9k NOK (net margin -194.0% → -233.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 35.0k NOK → 37.1k NOK (equity ratio 100.0% → 100.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 11.5k NOK → 12.7k NOK (+10.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 12.9k NOK to 9 817 NOK (-24.0% YoY). Calculated