FirmaIQ
Org.nr 990 728 186 2019 → 2020 Year-over-year analysis

1,5 HOLDING AS: årsregnskap 2020 vs 2019

Shrank 16% on revenue, weaker earnings

approved 2021-09-01; registry 2021-10-12; journal 2021 801518

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 1,5 HOLDING AS. Revenue 12.55m NOK → 10.53m NOK (-16.1%). Net result +10.40m NOK → +7.81m NOK. Equity 20.87m NOK → 28.68m 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 1,5 HOLDING AS.

At a glance

Scorecard

Revenue
12.55m NOK 10.53m NOK
-16.1%
Operating result
+12.52m NOK +10.17m NOK
-18.8%
Net result
+10.40m NOK +7.81m NOK
-24.9%
Equity
20.87m NOK 28.68m NOK
+37.4%
Cash
194.6k NOK 238.2k NOK
+22.4%
Total assets
35.79m NOK 37.49m NOK
+4.8%

What improved

  • ↑

    Equity strengthened

    Book equity 20.87m NOK → 28.68m NOK (equity ratio 58.3% → 76.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 194.6k NOK → 238.2k NOK (+22.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 12.55m NOK to 10.53m NOK (-16.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +12.52m NOK → +10.17m NOK (op. margin 99.7% → 96.5%). Calculated

  • ↓

    Net result weakened

    Net result +10.40m NOK → +7.81m NOK (net margin 82.8% → 74.1%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 3 NOK → 30.97m NOK. Reported fact