Org.nr 986 764 151 2019 → 2020 Year-over-year analysis

12MR FRAMNÆS AS: årsregnskap 2020 vs 2019

Shrank 31% on revenue

approved 2021-05-26; registry 2021-06-19; journal 2021 352167

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 12MR FRAMNÆS AS. Revenue 397.0k NOK → 274.2k NOK (-30.9%). Net result -409.4k NOK → -430.2k NOK. Equity 2.22m NOK → 2.23m NOK.

On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
397.0k NOK 274.2k NOK
-30.9%
Operating result
-407.9k NOK -475.2k NOK
-16.5%
Net result
-409.4k NOK -430.2k NOK
-5.1%
Equity
2.22m NOK 2.23m NOK
+0.6%
Cash
163.2k NOK 217.5k NOK
+33.3%
Total assets
8.38m NOK 8.55m NOK
+2.1%

What improved

  • ↑

    Equity strengthened

    Book equity 2.22m NOK → 2.23m NOK (equity ratio 26.5% → 26.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 163.2k NOK → 217.5k NOK (+33.3% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 22.34m NOK → 22.79m NOK (+443.6k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 397.0k NOK to 274.2k NOK (-30.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -407.9k NOK → -475.2k NOK (op. margin -102.7% → -173.3%). Calculated

  • ↓

    Net result weakened

    Net result -409.4k NOK → -430.2k NOK (net margin -103.1% → -156.9%). Calculated