Org.nr 996 162 095 2019 → 2020 Year-over-year analysis

CIRCIO HOLDING ASA: årsregnskap 2020 vs 2019

Another loss-making year

approved 2021-03-17; registry 2021-03-25; journal 2021 168136

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for CIRCIO HOLDING ASA. Revenue 16.31m NOK → 15.51m NOK (-4.9%). Equity 559.6k NOK → 686.9k NOK.

On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for CIRCIO HOLDING ASA.

At a glance

Revenue

16.31m NOK 15.51m NOK

-4.9%

Operating result

n/m -39.88m NOK

—

Net result

n/m -39.91m NOK

—

Equity

559.6k NOK 686.9k NOK

+22.7%

Cash

53.98m NOK 105.74m NOK

+95.9%

Total assets

577.20m NOK 702.0k NOK

-99.9%

↑
Equity strengthened

Book equity 559.6k NOK → 686.9k NOK (equity ratio 0.1% → 97.9%). Calculated
↑
Cash rose

Bank deposits 53.98m NOK → 105.74m NOK (+95.9% YoY). Calculated
↑
Owners injected capital

Paid-in equity rose 893.2k NOK → 1.06m NOK (+161.9k NOK). Reported fact

↓
Revenue fell

Operating income / revenue moved from 16.31m NOK to 15.51m NOK (-4.9% YoY). Calculated

·
Book investments changed

Investment / intangible book value 510.0k NOK → 586.5k NOK. Reported fact