Org.nr 920 641 172 2019 → 2020 Year-over-year analysis

1 TIME AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-03-18; registry 2021-03-29; journal 2021 173011

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 1 TIME AS. Net result +1.72m NOK → +2.86m NOK. Equity 48.21m NOK → 49.77m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: operating result weakened.

Net constructive year on the published lines.

Scorecard

Operating result
-95.6k NOK -114.7k NOK
-20.0%
Net result
+1.72m NOK +2.86m NOK
+66.5%
Equity
48.21m NOK 49.77m NOK
+3.2%
Cash
45.8k NOK 1.56m NOK
+3296.3%
Total assets
48.32m NOK 51.86m NOK
+7.3%

What improved

  • ↑

    Net result improved

    Net result +1.72m NOK → +2.86m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 48.21m NOK → 49.77m NOK (equity ratio 99.8% → 96.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 45.8k NOK → 1.56m NOK (+3296.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -95.6k NOK → -114.7k NOK. Calculated