FONTURA AS: årsregnskap 2020 vs 2019
Cash halved-plus
approved 2021-03-09; registry 2021-03-15; journal 2021 146146
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for FONTURA AS. Equity 84.52m NOK → 6.11bn NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for FONTURA AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -103.7k NOK → -84.6k NOK. Calculated
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↑
Equity strengthened
Book equity 84.52m NOK → 6.11bn NOK (equity ratio 96.8% → 5325.2%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 45.56m NOK → 766.1k NOK (-98.3% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (45.56m NOK → 766.1k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 4.06m NOK → 15.94m NOK. Reported fact