A7 EUROPE AS: årsregnskap 2020 vs 2019
Shrank 100% on revenue, returned to profit
approved 2021-08-30; registry 2021-09-02; journal 2021 712924
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A7 EUROPE AS. Revenue 99.2k NOK → 0 NOK (-100.0%). Net result -58.4k NOK → 0 NOK.
On the constructive side: turned profitable. Pressures included: revenue fell; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
99.2k NOK
0 NOK
-100.0%
Operating result
n/m
-58.4k NOK
—
Net result
-58.4k NOK
0 NOK
+100.0%
Cash
8 950 NOK
8 950 NOK
0.0%
Total assets
20.1k NOK
6 841 NOK
-65.9%
What improved
-
↑
Turned profitable
Net result flipped from a loss of 58.4k NOK to a profit of 0 NOK. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 99.2k NOK to 0 NOK (-100.0% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.52× → 0.52× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated