Org.nr 917 572 305 2019 → 2020 Year-over-year analysis

007 TRANSPORT AS: årsregnskap 2020 vs 2019

Shrank 22% on revenue, weaker earnings

registry 2021-10-02; journal 2021 850976

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 007 TRANSPORT AS. Revenue 926.7k NOK → 723.3k NOK (-21.9%). Net result +50.1k NOK → +3 849 NOK. Equity 13.33m NOK → 13.33m NOK.

On the constructive side: equity strengthened; cash rose. 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 007 TRANSPORT AS.

Scorecard

Revenue
926.7k NOK 723.3k NOK
-21.9%
Operating result
+67.5k NOK +11.9k NOK
-82.3%
Net result
+50.1k NOK +3 849 NOK
-92.3%
Equity
13.33m NOK 13.33m NOK
+0.0%
Cash
209.5k NOK 233.9k NOK
+11.7%
Total assets
502.0k NOK 645.5k NOK
+28.6%

What improved

  • ↑

    Equity strengthened

    Book equity 13.33m NOK → 13.33m NOK (equity ratio 2655.5% → 2065.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 209.5k NOK → 233.9k NOK (+11.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 926.7k NOK to 723.3k NOK (-21.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +67.5k NOK → +11.9k NOK (op. margin 7.3% → 1.7%). Calculated

  • ↓

    Net result weakened

    Net result +50.1k NOK → +3 849 NOK (net margin 5.4% → 0.5%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 200.0k NOK → 200 NOK. Reported fact