100% MALING AS: årsregnskap 2020 vs 2019
Grew 715% on revenue, returned to profit
approved 2021-04-09; registry 2021-04-14; journal 2021 200207
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 100% MALING AS. Revenue 231.3k NOK → 1.88m NOK (+714.6%). Net result -22.4k NOK → +185.1k NOK. Equity 23.8k NOK → 123.8k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 100% MALING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 231.3k NOK to 1.88m NOK (+714.6% YoY). Calculated
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Operating result improved
Operating result -14.1k NOK → +238.4k NOK (op. margin -6.1% → 12.7%). Calculated
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Turned profitable
Net result flipped from a loss of 22.4k NOK to a profit of 185.1k NOK. Calculated
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Equity strengthened
Book equity 23.8k NOK → 123.8k NOK (equity ratio 6.2% → 18.7%). Calculated
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Cash rose
Bank deposits 237.7k NOK → 282.2k NOK (+18.7% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 645.5k NOK → 911.7k NOK (279% → 48% of revenue). Calculated
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COGS moved
COGS / varekostnad 357.9k NOK → 437.5k NOK (+22.3% YoY). Calculated