1DAYSERVICE TOTALBYGG AS: årsregnskap 2020 vs 2019
Grew 30% on revenue, returned to profit
approved 2021-11-15; registry 2021-11-17; journal 2021 897620
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 1DAYSERVICE TOTALBYGG AS. Revenue 6.56m NOK → 8.54m NOK (+30.0%). Net result -536.2k NOK → +47.8k NOK. Equity 133.9k NOK → 181.8k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for 1DAYSERVICE TOTALBYGG AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 6.56m NOK to 8.54m NOK (+30.0% YoY). Calculated
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Operating result improved
Operating result -472.3k NOK → +121.5k NOK (op. margin -7.2% → 1.4%). Calculated
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Turned profitable
Net result flipped from a loss of 536.2k NOK to a profit of 47.8k NOK. Calculated
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Equity strengthened
Book equity 133.9k NOK → 181.8k NOK (equity ratio 5.1% → 3.3%). Calculated
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Current ratio back above 1×
Current ratio 0.80× → 1.00×. Calculated
Things to notice
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Thin equity buffer
Equity ratio is 3.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS moved
COGS / varekostnad 2.80m NOK → 4.10m NOK (+46.4% YoY). Calculated