FirmaIQ
Org.nr 920 124 380 2019 → 2020 Year-over-year analysis

ACTIVE FISHING BUOYS AS: årsregnskap 2020 vs 2019

Slipped into loss, cash halved-plus

approved 2021-05-05; registry 2021-05-11; journal 2021 279660

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACTIVE FISHING BUOYS AS. Revenue 200.0k NOK → 200.0k NOK (0.0%). Net result +126.6k NOK → -7 759 NOK. Equity 5.16m NOK → 151.6k 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
200.0k NOK 200.0k NOK
0.0%
Operating result
+162.4k NOK -6 862 NOK
-104.2%
Net result
+126.6k NOK -7 759 NOK
-106.1%
Equity
5.16m NOK 151.6k NOK
-97.1%
Cash
72.1k NOK 31.2k NOK
-56.8%
Total assets
222.1k NOK 420.0k NOK
+89.1%

What deteriorated

  • ↓

    Operating result weakened

    Operating result +162.4k NOK → -6 862 NOK (op. margin 81.2% → -3.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 126.6k NOK profit to a loss of 7 759 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 5.16m NOK → 151.6k NOK (equity ratio 2323.2% → 36.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 72.1k NOK → 31.2k NOK (-56.8% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.15× → 0.12× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated