A/S Fougstad gate 22: årsregnskap 2020 vs 2019
Grew 131110700% on revenue, slipped into loss
registry 2021-10-21; journal 2021 846382
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A/S Fougstad gate 22. Revenue 1 NOK → 1.31m NOK (+131110700.0%). Net result +132.3k NOK → -137.6k NOK. Equity 2.36m NOK → 2.23m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: paid-in equity reduced; payroll increased; book investments changed. All figures are taken from the published annual accounts for A/S Fougstad gate 22.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 NOK to 1.31m NOK (+131110700.0% YoY). Calculated
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↑
Cash rose
Bank deposits 238.3k NOK → 412.7k NOK (+73.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +116.0k NOK → -112.1k NOK (op. margin 11597100.0% → -8.6%). Calculated
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↓
Fell into a net loss
Net result flipped from 132.3k NOK profit to a loss of 137.6k NOK. Calculated
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↓
Equity eroded
Book equity 2.36m NOK → 2.23m NOK (equity ratio 32.8% → 30.3%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 10.1k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 4 NOK → 45.6k NOK (400% → 3% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 64.8k NOK → 14.0k NOK. Reported fact