FirmaIQ
Org.nr 916 353 790 2019 → 2020 Year-over-year analysis

1.618 GROUP AS: årsregnskap 2020 vs 2019

Grew 65% on revenue, stronger earnings

approved 2021-08-31; registry 2021-09-28; journal 2021 824096

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 1.618 GROUP AS. Revenue 3 623 NOK → 5 991 NOK (+65.4%). Net result 0 NOK → +140.9k NOK. Equity 41.2k NOK → 5.18m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
3 623 NOK 5 991 NOK
+65.4%
Operating result
n/m +144.4k NOK
—
Net result
0 NOK +140.9k NOK
—
Equity
41.2k NOK 5.18m NOK
+12475.1%
Cash
81.4k NOK 328.7k NOK
+303.9%
Total assets
1.44m NOK 1.69m NOK
+16.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3 623 NOK to 5 991 NOK (+65.4% YoY). Calculated

  • ↑

    Net result improved

    Net result 0 NOK → +140.9k NOK (net margin 0.0% → 2351.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 41.2k NOK → 5.18m NOK (equity ratio 2.9% → 307.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 81.4k NOK → 328.7k NOK (+303.9% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 192.7k NOK → 4 544 NOK (5318% → 76% of revenue). Calculated