Org.nr 914 812 046 2019 → 2020 Year-over-year analysis

FULLSTACK HOLDING AS: årsregnskap 2020 vs 2019

Slipped into loss

approved 2021-02-26; registry 2021-05-12; journal 2021 284657

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for FULLSTACK HOLDING AS. Net result +2.06m NOK → -761.8k NOK. Equity 2.07m NOK → 1.31m NOK.

Pressures included: operating result weakened; fell into a net loss; equity eroded.

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

At a glance

Revenue

0 NOK n/m

—

Operating result

-8 452 NOK -9 100 NOK

-7.7%

Net result

+2.06m NOK -761.8k NOK

-136.9%

Equity

2.07m NOK 1.31m NOK

-36.8%

Cash

6 108 NOK 6 110 NOK

+0.0%

Total assets

2.08m NOK 1.33m NOK

-36.1%

↓
Operating result weakened

Operating result -8 452 NOK → -9 100 NOK. Calculated
↓
Fell into a net loss

Net result flipped from 2.06m NOK profit to a loss of 761.8k NOK. Calculated
↓
Equity eroded

Book equity 2.07m NOK → 1.31m NOK (equity ratio 99.3% → 98.2%). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.39× → 0.87× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Book investments changed

Investment / intangible book value 2.06m NOK → 1.31m NOK. Reported fact