1080 MAP AS: årsregnskap 2020 vs 2019
Grew 953% on revenue, stronger earnings
approved 2021-08-23; registry 2021-08-30; journal 2021 699962
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 1080 MAP AS. Revenue 26.0k NOK → 274.1k NOK (+952.8%). Net result +5 200 NOK → +83.5k NOK. Equity -332.5k NOK → -256.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for 1080 MAP AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 26.0k NOK to 274.1k NOK (+952.8% YoY). Calculated
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Operating result improved
Operating result +698 NOK → +111.5k NOK (op. margin 2.7% → 40.7%). Calculated
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Net result improved
Net result +5 200 NOK → +83.5k NOK (net margin 20.0% → 30.5%). Calculated
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Equity strengthened
Book equity -332.5k NOK → -256.0k NOK (equity ratio -401.9% → -140.1%). Calculated
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Cash rose
Bank deposits 41.6k NOK → 110.3k NOK (+165.5% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 93.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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COGS moved
COGS / varekostnad 23.6k NOK → 37.5k NOK (+58.9% YoY). Calculated