ACTIVA PROSJEKT AS: årsregnskap 2020 vs 2019
Shrank 74% on revenue, weaker earnings
approved 2021-08-31; registry 2021-10-25; journal 2021 863920
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACTIVA PROSJEKT AS. Revenue 15.17m NOK → 3.88m NOK (-74.4%). Net result +331.5k NOK → +11.0k NOK. Equity 513.9k NOK → 525.0k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACTIVA PROSJEKT AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 513.9k NOK → 525.0k NOK (equity ratio 50.7% → 23.5%). Calculated
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↑
Payroll decreased
Salary cost 22.4k NOK → 9 926 NOK (0% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 15.17m NOK to 3.88m NOK (-74.4% YoY). Calculated
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↓
Operating result weakened
Operating result +590.2k NOK → +73.1k NOK (op. margin 3.9% → 1.9%). Calculated
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↓
Net result weakened
Net result +331.5k NOK → +11.0k NOK (net margin 2.2% → 0.3%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.67× → 0.05× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 14.42m NOK → 3.61m NOK (-75.0% YoY). Calculated