Org.nr 915 330 193 2019 → 2020 Year-over-year analysis

1VASK AS: årsregnskap 2020 vs 2019

Grew 48% on revenue, returned to profit

approved 2021-06-30; registry 2021-09-30; journal 2021 834754

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 1VASK AS. Revenue 2.68m NOK → 3.95m NOK (+47.6%). Net result -93.4k NOK → +380.4k NOK.

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

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

Scorecard

Revenue
2.68m NOK 3.95m NOK
+47.6%
Operating result
-79.9k NOK +503.2k NOK
+729.9%
Net result
-93.4k NOK +380.4k NOK
+507.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.68m NOK to 3.95m NOK (+47.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -79.9k NOK → +503.2k NOK (op. margin -3.0% → 12.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 93.4k NOK to a profit of 380.4k NOK. Calculated

  • ↑

    Payroll decreased

    Salary cost 1.83m NOK → 1.79m NOK (68% → 45% of revenue). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 8 379 NOK → 711.5k NOK (+8391.2% YoY). Calculated