Org.nr 999 006 434 2019 → 2020 Year-over-year analysis

1T TØMRER AS: årsregnskap 2020 vs 2019

Grew 37% on revenue

approved 2021-03-15; registry 2021-04-06; journal 2021 185778

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 1T TØMRER AS. Revenue 1.36m NOK → 1.87m NOK (+36.7%). Equity -4 034 NOK → 195.5k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 1T TØMRER AS.

At a glance

Revenue

1.36m NOK 1.87m NOK

+36.7%

Operating result

n/m +275.0k NOK

—

Net result

n/m +199.5k NOK

—

Equity

-4 034 NOK 195.5k NOK

+4945.5%

Cash

155.1k NOK 267.0k NOK

+72.1%

Total assets

633.9k NOK 809.6k NOK

+27.7%

↑
Revenue rose

Operating income / revenue moved from 1.36m NOK to 1.87m NOK (+36.7% YoY). Calculated
↑
Equity strengthened

Book equity -4 034 NOK → 195.5k NOK (equity ratio -0.6% → 24.1%). Calculated
↑
Cash rose

Bank deposits 155.1k NOK → 267.0k NOK (+72.1% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.69× → 2.18×. Calculated
↑
Payroll decreased

Salary cost 3.84m NOK → 3.64m NOK (282% → 195% of revenue). Calculated

·
COGS moved

COGS / varekostnad 161.2k NOK → 615.4k NOK (+281.8% YoY). Calculated