Org.nr 997 352 599 2019 → 2020 Year-over-year analysis

ACTIVENESS AS: årsregnskap 2020 vs 2019

Shrank 9% on revenue, slipped into loss, cash halved-plus

approved 2021-04-14; registry 2021-04-24; journal 2021 204519

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ACTIVENESS AS. Revenue 481.2k NOK → 437.4k NOK (-9.1%). Net result +61.6k NOK → -134.5k NOK. Equity 943.1k NOK → 808.6k NOK.

On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

Scorecard

Revenue
481.2k NOK 437.4k NOK
-9.1%
Operating result
+61.2k NOK -203.8k NOK
-432.8%
Net result
+61.6k NOK -134.5k NOK
-318.2%
Equity
943.1k NOK 808.6k NOK
-14.3%
Cash
264.0k NOK 30.4k NOK
-88.5%
Total assets
69.0k NOK 927.4k NOK
+1244.8%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.51× → 7.01×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 481.2k NOK to 437.4k NOK (-9.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +61.2k NOK → -203.8k NOK (op. margin 12.7% → -46.6%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 61.6k NOK profit to a loss of 134.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 943.1k NOK → 808.6k NOK (equity ratio 1367.5% → 87.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 264.0k NOK → 30.4k NOK (-88.5% YoY). Calculated