FirmaIQ
Org.nr 922 376 018 2019 → 2020 Year-over-year analysis

02 EIENDOM AS: årsregnskap 2020 vs 2019

Grew 20% on revenue, returned to profit

approved 2021-07-31; registry 2021-09-04; journal 2021 673312

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 02 EIENDOM AS. Revenue 604.7k NOK → 726.2k NOK (+20.1%). Net result -1.65m NOK → +260.3k NOK. Equity -1.62m NOK → -1.36m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for 02 EIENDOM AS.

At a glance

Scorecard

Revenue
604.7k NOK 726.2k NOK
+20.1%
Operating result
-1.39m NOK +260.2k NOK
+118.7%
Net result
-1.65m NOK +260.3k NOK
+115.8%
Equity
-1.62m NOK -1.36m NOK
+16.1%
Cash
101.7k NOK 429.8k NOK
+322.4%
Total assets
4.28m NOK 5.55m NOK
+29.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 604.7k NOK to 726.2k NOK (+20.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1.39m NOK → +260.2k NOK (op. margin -230.5% → 35.8%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.65m NOK to a profit of 260.3k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -1.62m NOK → -1.36m NOK (equity ratio -37.8% → -24.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 101.7k NOK → 429.8k NOK (+322.4% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 0. Reported fact