FirmaIQ
Org.nr 913 140 125 2019 → 2020 Year-over-year analysis

1B1 GROUP AS: årsregnskap 2020 vs 2019

Grew 147% on revenue, stronger earnings

registry 2021-10-04; journal 2021 854078

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 1B1 GROUP AS. Revenue 145.8k NOK → 360.0k NOK (+146.9%). Net result +32.3k NOK → +3.10m NOK. Equity -3.24m NOK → -3.14m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for 1B1 GROUP AS.

At a glance

Scorecard

Revenue
145.8k NOK 360.0k NOK
+146.9%
Operating result
+37.4k NOK +102.0k NOK
+173.0%
Net result
+32.3k NOK +3.10m NOK
+9503.3%
Equity
-3.24m NOK -3.14m NOK
+3.2%
Cash
48.0k NOK 147.7k NOK
+207.4%
Total assets
48.0k NOK 152.8k NOK
+218.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 145.8k NOK to 360.0k NOK (+146.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +37.4k NOK → +102.0k NOK (op. margin 25.6% → 28.3%). Calculated

  • ↑

    Net result improved

    Net result +32.3k NOK → +3.10m NOK (net margin 22.2% → 861.8%). Calculated

  • ↑

    Equity strengthened

    Book equity -3.24m NOK → -3.14m NOK (equity ratio -6739.5% → -2052.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 48.0k NOK → 147.7k NOK (+207.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost -19.7k NOK → 2 NOK (-14% → 0% of revenue). Calculated