00NATION AS: årsregnskap 2019 vs 2018
Grew 226422% on revenue, stronger earnings
approved 2020-09-14; registry 2020-09-22; journal 2020 843868
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 00NATION AS. Revenue 2 125 NOK → 4.81m NOK (+226422.5%). Net result -7.91m NOK → -6.15m NOK.
On the constructive side: revenue rose; net result improved; cash rose.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for 00NATION AS.
At a glance
Scorecard
Revenue
2 125 NOK
4.81m NOK
+226422.5%
Operating result
n/m
-6.15m NOK
—
Net result
-7.91m NOK
-6.15m NOK
+22.2%
Equity
n/m
-6.64m NOK
—
Cash
260.8k NOK
266.1k NOK
+2.0%
Total assets
1.41m NOK
2.18m NOK
+54.9%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2 125 NOK to 4.81m NOK (+226422.5% YoY). Calculated
-
↑
Net result improved
Net result -7.91m NOK → -6.15m NOK (net margin -372100.0% → -127.8%). Calculated
-
↑
Cash rose
Bank deposits 260.8k NOK → 266.1k NOK (+2.0% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 6.10m NOK → 9.01m NOK (287102% → 187% of revenue). Calculated