7 VIKINGS AS: årsregnskap 2020 vs 2019
Stronger earnings, cash halved-plus
approved 2021-05-10; registry 2021-05-31; journal 2021 355653
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 7 VIKINGS AS. Net result -42.7k NOK → -30.6k NOK. Equity 57.3k NOK → 26.7k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
n/m
30.6k NOK
—
Operating result
-42.7k NOK
-30.6k NOK
+28.5%
Net result
-42.7k NOK
-30.6k NOK
+28.4%
Equity
57.3k NOK
26.7k NOK
-53.3%
Cash
45.6k NOK
7 228 NOK
-84.2%
Total assets
60.6k NOK
37.9k NOK
-37.5%
What improved
-
↑
Operating result improved
Operating result -42.7k NOK → -30.6k NOK. Calculated
-
↑
Net result improved
Net result -42.7k NOK → -30.6k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 57.3k NOK → 26.7k NOK (equity ratio 94.5% → 70.6%). Calculated
-
↓
Cash fell
Bank deposits 45.6k NOK → 7 228 NOK (-84.2% YoY). Calculated