14SAFETY AS: årsregnskap 2020 vs 2019
Grew 2091% on revenue, stronger earnings
approved 2021-08-24; registry 2021-08-30; journal 2021 697396
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 14SAFETY AS. Revenue 25.8k NOK → 564.1k NOK (+2090.7%). Net result +2 206 NOK → +170.3k NOK. Equity 27.8k NOK → 198.1k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for 14SAFETY AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 25.8k NOK to 564.1k NOK (+2090.7% YoY). Calculated
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Operating result improved
Operating result +2 832 NOK → +218.5k NOK (op. margin 11.0% → 38.7%). Calculated
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Net result improved
Net result +2 206 NOK → +170.3k NOK (net margin 8.6% → 30.2%). Calculated
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Equity strengthened
Book equity 27.8k NOK → 198.1k NOK (equity ratio 127.0% → 76.3%). Calculated
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Cash rose
Bank deposits 21.3k NOK → 138.4k NOK (+550.9% YoY). Calculated
Things to notice
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COGS moved
COGS / varekostnad 13.1k NOK → 279.6k NOK (+2034.1% YoY). Calculated