Org.nr 925 273 236 2019 → 2020 Year-over-year analysis

1 HJELPENDE HÅND AS: årsregnskap 2020 vs 2019

Grew 36025% on revenue, fresh owner capital

approved 2021-06-25; registry 2021-09-08; journal 2021 682137

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 1 HJELPENDE HÅND AS. Revenue 88 NOK → 31.8k NOK (+36025.0%). Net result +397 NOK → +3 486 NOK. Equity 0 NOK → 3.14m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for 1 HJELPENDE HÅND AS.

Scorecard

Revenue
88 NOK 31.8k NOK
+36025.0%
Operating result
+987 NOK +4 185 NOK
+324.0%
Net result
+397 NOK +3 486 NOK
+778.1%
Equity
0 NOK 3.14m NOK
—
Cash
34 NOK 3 985 NOK
+11620.6%
Total assets
0 NOK 12.69m NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 88 NOK to 31.8k NOK (+36025.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +987 NOK → +4 185 NOK (op. margin 1121.6% → 13.2%). Calculated

  • ↑

    Net result improved

    Net result +397 NOK → +3 486 NOK (net margin 451.1% → 11.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 0 NOK → 3.14m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 34 NOK → 3 985 NOK (+11620.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 702 NOK → 16.5k NOK (798% → 52% of revenue). Calculated