Org.nr 919 200 871 2019 → 2020 Year-over-year analysis

10 MASKIN AS: årsregnskap 2020 vs 2019

Grew 137% on revenue, stronger earnings

approved 2021-03-14; registry 2021-05-10; journal 2021 271368

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 10 MASKIN AS. Revenue 226.2k NOK → 535.6k NOK (+136.8%). Net result -318.9k NOK → -101.8k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 10 MASKIN AS.

Scorecard

Revenue
226.2k NOK 535.6k NOK
+136.8%
Operating result
-509.4k NOK -92.9k NOK
+81.8%
Net result
-318.9k NOK -101.8k NOK
+68.1%
Cash
17.9k NOK 22.5k NOK
+25.8%
Total assets
203.5k NOK 177.7k NOK
-12.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 226.2k NOK to 535.6k NOK (+136.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -509.4k NOK → -92.9k NOK (op. margin -225.3% → -17.3%). Calculated

  • ↑

    Net result improved

    Net result -318.9k NOK → -101.8k NOK (net margin -141.0% → -19.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 17.9k NOK → 22.5k NOK (+25.8% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.74× → 1.97×. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 34.8k NOK → 116.7k NOK (+235.4% YoY). Calculated