123 MINILAGER AS: årsregnskap 2020 vs 2019
Grew 23% on revenue
approved 2021-08-24; registry 2021-10-23; journal 2021 856326
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 123 MINILAGER AS. Revenue 14.09m NOK → 17.35m NOK (+23.1%). Net result -2.55m NOK → -2.05m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for 123 MINILAGER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 14.09m NOK to 17.35m NOK (+23.1% YoY). Calculated
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↑
Operating result improved
Operating result +401.8k NOK → +534.2k NOK (op. margin 2.9% → 3.1%). Calculated
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↑
Net result improved
Net result -2.55m NOK → -2.05m NOK (net margin -18.1% → -11.8%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 965.1k NOK → 644.2k NOK (-33.3% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.49m NOK → 2.73m NOK (18% → 16% of revenue). Calculated