100-METERSKOGEN BARNEHAGE AS: årsregnskap 2020 vs 2019
Shrank 40% on revenue, returned to profit
approved 2021-06-02; registry 2021-06-26; journal 2021 399515
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 100-METERSKOGEN BARNEHAGE AS. Revenue 9.73m NOK → 5.88m NOK (-39.6%). Net result -293.6k NOK → +301.3k NOK. Equity 7.82m NOK → 7.12m NOK.
On the constructive side: operating result improved; turned profitable. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 100-METERSKOGEN BARNEHAGE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -401.7k NOK → +76.1k NOK (op. margin -4.1% → 1.3%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 293.6k NOK to a profit of 301.3k NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 9.73m NOK to 5.88m NOK (-39.6% YoY). Calculated
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↓
Equity eroded
Book equity 7.82m NOK → 7.12m NOK (equity ratio 84.5% → 79.2%). Calculated
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↓
Cash fell
Bank deposits 4.79m NOK → 4.45m NOK (-7.0% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 171.8k NOK → 68.8k NOK (-60.0% YoY). Calculated