Org.nr 813 646 552 2019 → 2020 Year-over-year analysis

1 SBX AS: årsregnskap 2020 vs 2019

Shrank 16% on revenue, returned to profit

registry 2021-08-12; journal 2021 608866

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 1 SBX AS. Revenue 193.9k NOK → 162.2k NOK (-16.4%). Net result -16.4k NOK → +39.8k NOK. Equity 47.0k NOK → 86.9k NOK.

On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
193.9k NOK 162.2k NOK
-16.4%
Operating result
+100.9k NOK +96.1k NOK
-4.8%
Net result
-16.4k NOK +39.8k NOK
+342.6%
Equity
47.0k NOK 86.9k NOK
+84.6%
Cash
13.4k NOK 34.4k NOK
+157.2%
Total assets
3.25m NOK 1.66m NOK
-49.1%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 16.4k NOK to a profit of 39.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 47.0k NOK → 86.9k NOK (equity ratio 1.4% → 5.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 13.4k NOK → 34.4k NOK (+157.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 193.9k NOK to 162.2k NOK (-16.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +100.9k NOK → +96.1k NOK (op. margin 52.0% → 59.2%). Calculated