ACADEMIC WORK CONSULTING NORWAY AS: årsregnskap 2020 vs 2019
Slipped into loss, cash halved-plus
approved 2021-06-25; registry 2021-09-27; journal 2021 809205
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACADEMIC WORK CONSULTING NORWAY AS. Net result +3 515 NOK → -1 360 NOK. Equity 892.3k NOK → 890.9k NOK.
Pressures included: operating result weakened; fell into a net loss; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
0 NOK
n/m
—
Operating result
-3 129 NOK
-4 050 NOK
-29.4%
Net result
+3 515 NOK
-1 360 NOK
-138.7%
Equity
892.3k NOK
890.9k NOK
-0.2%
Cash
59.6k NOK
0 NOK
-100.0%
Total assets
921.7k NOK
919.7k NOK
-0.2%
What deteriorated
-
↓
Operating result weakened
Operating result -3 129 NOK → -4 050 NOK. Calculated
-
↓
Fell into a net loss
Net result flipped from 3 515 NOK profit to a loss of 1 360 NOK. Calculated
-
↓
Equity eroded
Book equity 892.3k NOK → 890.9k NOK (equity ratio 96.8% → 96.9%). Calculated
-
↓
Cash fell
Bank deposits 59.6k NOK → 0 NOK (-100.0% YoY). Calculated