Org.nr 920 444 199 2019 → 2020 Year-over-year analysis

7 FJELL HOLDING AS: årsregnskap 2020 vs 2019

Shrank 100% on revenue, slipped into loss, cash halved-plus

approved 2022-06-10; registry 2022-06-20; journal 2022 483543

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 7 FJELL HOLDING AS. Revenue 101.0k NOK → 101 NOK (-99.9%). Net result +32.2k NOK → -31.5k NOK. Equity 37.4k NOK → 31.0k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

Scorecard

Revenue
101.0k NOK 101 NOK
-99.9%
Operating result
+32.2k NOK -31.5k NOK
-197.8%
Net result
+32.2k NOK -31.5k NOK
-197.8%
Equity
37.4k NOK 31.0k NOK
-17.1%
Cash
4 057 NOK 1 472 NOK
-63.7%
Total assets
174.5k NOK 140.6k NOK
-19.4%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 101.0k NOK to 101 NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +32.2k NOK → -31.5k NOK (op. margin 31.9% → -31196.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 32.2k NOK profit to a loss of 31.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 37.4k NOK → 31.0k NOK (equity ratio 21.4% → 22.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 4 057 NOK → 1 472 NOK (-63.7% YoY). Calculated