2 ANNE FRISØR AS: årsregnskap 2020 vs 2019
Cash halved-plus
approved 2021-03-18; registry 2021-04-22; journal 2021 218871
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 2 ANNE FRISØR AS. Revenue 2.82m NOK → 2.68m NOK (-5.0%). Net result +77.6k NOK → +66.1k NOK. Equity 796.6k NOK → 762.6k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 2 ANNE FRISØR AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 1.97m NOK → 1.91m NOK (70% → 71% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.82m NOK to 2.68m NOK (-5.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +98.2k NOK → +83.4k NOK (op. margin 3.5% → 3.1%). Calculated
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↓
Net result weakened
Net result +77.6k NOK → +66.1k NOK (net margin 2.7% → 2.5%). Calculated
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↓
Equity eroded
Book equity 796.6k NOK → 762.6k NOK (equity ratio 58.4% → 52.3%). Calculated
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↓
Cash fell
Bank deposits 901.8k NOK → 25.5k NOK (-97.2% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 311.2k NOK → 264.3k NOK (-15.1% YoY). Calculated