K94L HOLDING AS: årsregnskap 2020 vs 2019
Shrank 73% on revenue, weaker earnings
registry 2021-05-25; journal 2021 319883
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for K94L HOLDING AS. Revenue 55.9k NOK → 15.0k NOK (-73.2%). Net result +16.6k NOK → +4 925 NOK. Equity 107.6k NOK → 112.5k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for K94L HOLDING AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 107.6k NOK → 112.5k NOK (equity ratio 67.3% → 67.9%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 55.9k NOK to 15.0k NOK (-73.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +24.6k NOK → +6 356 NOK (op. margin 43.9% → 42.4%). Calculated
-
↓
Net result weakened
Net result +16.6k NOK → +4 925 NOK (net margin 29.6% → 32.8%). Calculated
-
↓
Cash fell
Bank deposits 33.0k NOK → 21.0k NOK (-36.4% YoY). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 2.13m NOK → 136.9k NOK. Reported fact