ENDÚR ASA: årsregnskap 2020 vs 2019
Grew 319070% on revenue, weaker earnings
approved 2021-05-21; registry 2021-11-04; journal 2021 894778
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ENDÚR ASA. Revenue 5 013 NOK → 16.00m NOK (+319070.2%). Net result -10.00m NOK → -461.00m NOK. Equity 10.12bn NOK → 386.0k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: paid-in equity reduced; payroll increased; cogs fell. All figures are taken from the published annual accounts for ENDÚR ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5 013 NOK to 16.00m NOK (+319070.2% YoY). Calculated
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↑
Cash rose
Bank deposits 4.02m NOK → 17.00m NOK (+322.9% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 1.00× → 1.98×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -11.00m NOK → -14.00m NOK (op. margin -219429.5% → -87.5%). Calculated
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↓
Net result weakened
Net result -10.00m NOK → -461.00m NOK (net margin -199481.3% → -2881.2%). Calculated
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↓
Equity eroded
Book equity 10.12bn NOK → 386.0k NOK (equity ratio 4466.7% → 78.1%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 10.13bn NOK → 386.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 8 394 NOK → 11.00m NOK (167% → 69% of revenue). Calculated
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COGS fell
COGS / varekostnad 235.82m NOK → 223.0k NOK (-99.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 203.83m NOK → 401.0k NOK. Reported fact