FirmaIQ
Org.nr 818 874 502 2019 → 2020 Year-over-year analysis

10NA'S FRISØR AS: årsregnskap 2020 vs 2019

Cash halved-plus

approved 2021-05-25; registry 2021-06-16; journal 2021 335981

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 10NA'S FRISØR AS. Revenue 1.04m NOK → 997.5k NOK (-3.7%). Net result +44.7k NOK → +35.3k NOK. Equity 114.1k NOK → 40.0k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
1.04m NOK 997.5k NOK
-3.7%
Operating result
+76.5k NOK +60.8k NOK
-20.5%
Net result
+44.7k NOK +35.3k NOK
-20.9%
Equity
114.1k NOK 40.0k NOK
-64.9%
Cash
35.5k NOK 809 NOK
-97.7%
Total assets
204.3k NOK 169.4k NOK
-17.1%

What improved

  • ↑

    Payroll decreased

    Salary cost 595.0k NOK → 520.0k NOK (57% → 52% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.04m NOK to 997.5k NOK (-3.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +76.5k NOK → +60.8k NOK (op. margin 7.4% → 6.1%). Calculated

  • ↓

    Net result weakened

    Net result +44.7k NOK → +35.3k NOK (net margin 4.3% → 3.5%). Calculated

  • ↓

    Equity eroded

    Book equity 114.1k NOK → 40.0k NOK (equity ratio 55.8% → 23.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 35.5k NOK → 809 NOK (-97.7% YoY). Calculated