DISRUPTIVE TECHNOLOGIES ASA: årsregnskap 2020 vs 2019
Stronger earnings, cash halved-plus
approved 2021-03-12; registry 2021-10-18; journal 2021 887932
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for DISRUPTIVE TECHNOLOGIES ASA. Revenue 0 NOK → 0 NOK (0.0%). Net result -358.0k NOK → -185.0k NOK. Equity 404.5k NOK → 422.0k NOK.
On the constructive side: net result improved; equity strengthened; owners injected capital. Pressures included: operating result weakened; cash fell; cogs moved.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for DISRUPTIVE TECHNOLOGIES ASA.
At a glance
Scorecard
What improved
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Net result improved
Net result -358.0k NOK → -185.0k NOK. Calculated
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↑
Equity strengthened
Book equity 404.5k NOK → 422.0k NOK (equity ratio 99.8% → 96.4%). Calculated
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↑
Owners injected capital
Paid-in equity rose 406.3k NOK → 422.0k NOK (+15.6k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -499.0k NOK → -715.0k NOK. Calculated
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↓
Cash fell
Bank deposits 30.58m NOK → 82.0k NOK (-99.7% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 12.13m NOK → 19.77m NOK (+62.9% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (30.58m NOK → 82.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 374.3k NOK → 375.4k NOK. Reported fact