911-TJENESTEN AS: årsregnskap 2020 vs 2019
Shrank 50% on revenue, weaker earnings
approved 2021-06-30; registry 2021-10-04; journal 2021 866722
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 911-TJENESTEN AS. Revenue 301.1k NOK → 150.0k NOK (-50.2%). Net result +199.5k NOK → +76.4k NOK. Equity 63.1k NOK → 1.16m NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 911-TJENESTEN AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 63.1k NOK → 1.16m NOK (equity ratio 5.1% → 85.0%). Calculated
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↑
Cash rose
Bank deposits 177 NOK → 6 349 NOK (+3487.0% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 301.1k NOK to 150.0k NOK (-50.2% YoY). Calculated
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↓
Operating result weakened
Operating result +255.9k NOK → +98.4k NOK (op. margin 85.0% → 65.6%). Calculated
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↓
Net result weakened
Net result +199.5k NOK → +76.4k NOK (net margin 66.3% → 50.9%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.18× → 0.10× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 375.9k NOK → 690.5k NOK. Reported fact