COLONTHREE ENTERPRISES AS: årsregnskap 2020 vs 2019
Stronger earnings, cash halved-plus
approved 2020-12-31; registry 2021-04-07; journal 2021 187196
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for COLONTHREE ENTERPRISES AS. Revenue 10.3k NOK → 10.3k NOK (0.0%). Net result -19.1k NOK → -6 754 NOK. Equity 22.0k NOK → 15.2k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
10.3k NOK
10.3k NOK
0.0%
Operating result
-19.1k NOK
-6 754 NOK
+64.6%
Net result
-19.1k NOK
-6 754 NOK
+64.6%
Equity
22.0k NOK
15.2k NOK
-30.7%
Cash
2 555 NOK
432 NOK
-83.1%
Total assets
46.5k NOK
44.4k NOK
-4.6%
What improved
-
↑
Operating result improved
Operating result -19.1k NOK → -6 754 NOK (op. margin -185.8% → -65.8%). Calculated
-
↑
Net result improved
Net result -19.1k NOK → -6 754 NOK (net margin -185.8% → -65.8%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 22.0k NOK → 15.2k NOK (equity ratio 47.2% → 34.3%). Calculated
-
↓
Cash fell
Bank deposits 2 555 NOK → 432 NOK (-83.1% YoY). Calculated