Org.nr 992 408 766 2019 → 2020 Year-over-year analysis

2 FRISØRER AS: årsregnskap 2020 vs 2019

Shrank 15% on revenue, slipped into loss

approved 2021-07-14; registry 2021-09-06; journal 2021 679266

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 2 FRISØRER AS. Revenue 2.13m NOK → 1.80m NOK (-15.3%). Net result +10.1k NOK → -49.6k NOK. Equity 358.8k NOK → 11.31m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

Scorecard

Revenue
2.13m NOK 1.80m NOK
-15.3%
Operating result
+13.5k NOK -41.3k NOK
-406.7%
Net result
+10.1k NOK -49.6k NOK
-591.7%
Equity
358.8k NOK 11.31m NOK
+3051.8%
Cash
575.2k NOK 635.0k NOK
+10.4%
Total assets
808.7k NOK 934.6k NOK
+15.6%

What improved

  • ↑

    Equity strengthened

    Book equity 358.8k NOK → 11.31m NOK (equity ratio 44.4% → 1210.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 575.2k NOK → 635.0k NOK (+10.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.13m NOK to 1.80m NOK (-15.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +13.5k NOK → -41.3k NOK (op. margin 0.6% → -2.3%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 10.1k NOK profit to a loss of 49.6k NOK. Calculated

  • ↓

    COGS moved

    COGS / varekostnad 296.2k NOK → 326.8k NOK (+10.3% YoY). Calculated