FirmaIQ
Org.nr 923 030 530 2019 → 2020 Year-over-year analysis

KOK VENTURES AS: årsregnskap 2020 vs 2019

Shrank 90% on revenue, slipped into loss, cash halved-plus

approved 2021-07-11; registry 2021-07-13; journal 2021 567466

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for KOK VENTURES AS. Revenue 10.0k NOK → 1 000 NOK (-90.0%). Net result 0 NOK → -196 NOK. Equity 52.1k NOK → 51.9k NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
10.0k NOK 1 000 NOK
-90.0%
Operating result
+7 678 NOK -197 NOK
-102.6%
Net result
0 NOK -196 NOK
—
Equity
52.1k NOK 51.9k NOK
-0.4%
Cash
3 311 NOK 1 453 NOK
-56.1%
Total assets
53.3k NOK 51.5k NOK
-3.5%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 10.0k NOK to 1 000 NOK (-90.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +7 678 NOK → -197 NOK (op. margin 76.8% → -19.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 0 NOK profit to a loss of 196 NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 3 311 NOK → 1 453 NOK (-56.1% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.78× → -3.10× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated