7GENERATIONS AS: årsregnskap 2020 vs 2019
Shrank 100% on revenue, returned to profit
approved 2021-08-11; registry 2021-08-30; journal 2021 692652
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 7GENERATIONS AS. Revenue 110.0k NOK → 0 NOK (-100.0%). Net result -8 NOK → +2 NOK. Equity -2 497 NOK → -2 495 NOK.
On the constructive side: operating result improved; turned profitable; cash rose. Pressures included: revenue fell.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
110.0k NOK
0 NOK
-100.0%
Operating result
-14.1k NOK
0 NOK
+100.0%
Net result
-8 NOK
+2 NOK
+125.0%
Equity
-2 497 NOK
-2 495 NOK
+0.1%
Cash
8 183 NOK
13.2k NOK
+61.1%
Total assets
36.3k NOK
41.3k NOK
+13.8%
What improved
-
↑
Operating result improved
Operating result -14.1k NOK → 0 NOK. Calculated
-
↑
Turned profitable
Net result flipped from a loss of 8 NOK to a profit of 2 NOK. Calculated
-
↑
Cash rose
Bank deposits 8 183 NOK → 13.2k NOK (+61.1% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 110.0k NOK to 0 NOK (-100.0% YoY). Calculated