FirmaIQ
Org.nr 883 466 632 2019 → 2020 Year-over-year analysis

1550 TAURO AS: årsregnskap 2020 vs 2019

Shrank 38% on revenue, weaker earnings, cash halved-plus

approved 2021-06-30; registry 2021-08-23; journal 2021 662396

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 1550 TAURO AS. Revenue 394.7k NOK → 243.4k NOK (-38.3%). Net result -70.8k NOK → -205.7k NOK. Equity 4.37m NOK → 1.33m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
394.7k NOK 243.4k NOK
-38.3%
Operating result
+60.3k NOK -52.3k NOK
-186.6%
Net result
-70.8k NOK -205.7k NOK
-190.5%
Equity
4.37m NOK 1.33m NOK
-69.5%
Cash
242.3k NOK 95.0k NOK
-60.8%
Total assets
5.68m NOK 5.20m NOK
-8.3%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 394.7k NOK to 243.4k NOK (-38.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +60.3k NOK → -52.3k NOK (op. margin 15.3% → -21.5%). Calculated

  • ↓

    Net result weakened

    Net result -70.8k NOK → -205.7k NOK (net margin -17.9% → -84.5%). Calculated

  • ↓

    Equity eroded

    Book equity 4.37m NOK → 1.33m NOK (equity ratio 77.0% → 25.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 242.3k NOK → 95.0k NOK (-60.8% YoY). Calculated