FirmaIQ
Org.nr 938 210 888 2019 → 2020 Year-over-year analysis

1-2-TRE AS: årsregnskap 2020 vs 2019

Grew 237% on revenue, stronger earnings

approved 2021-05-31; registry 2021-06-02; journal 2021 383188

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 1-2-TRE AS. Revenue 39.0k NOK → 131.4k NOK (+237.0%). Net result -75.5k NOK → -36.9k NOK. Equity -200.4k NOK → -237.3k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 1-2-TRE AS.

At a glance

Scorecard

Revenue
39.0k NOK 131.4k NOK
+237.0%
Operating result
-98.2k NOK -38.4k NOK
+60.9%
Net result
-75.5k NOK -36.9k NOK
+51.1%
Equity
-200.4k NOK -237.3k NOK
-18.4%
Cash
2 119 NOK 81.2k NOK
+3729.9%
Total assets
270.9k NOK 328.7k NOK
+21.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 39.0k NOK to 131.4k NOK (+237.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -98.2k NOK → -38.4k NOK (op. margin -251.7% → -29.2%). Calculated

  • ↑

    Net result improved

    Net result -75.5k NOK → -36.9k NOK (net margin -193.5% → -28.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 2 119 NOK → 81.2k NOK (+3729.9% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.18× → 1.16×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -200.4k NOK → -237.3k NOK (equity ratio -74.0% → -72.2%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 38.2k NOK → 54.4k NOK (+42.4% YoY). Calculated