FirmaIQ
Org.nr 995 451 697 2019 → 2020 Year-over-year analysis

+2 INTERIØR AS: årsregnskap 2020 vs 2019

Grew 105% on revenue, stronger earnings

approved 2021-05-28; registry 2021-07-21; journal 2021 583853

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for +2 INTERIØR AS. Revenue 2.57m NOK → 5.28m NOK (+105.2%). Net result +34.4k NOK → +517.2k NOK. Equity 133.7k NOK → 650.9k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for +2 INTERIØR AS.

At a glance

Scorecard

Revenue
2.57m NOK 5.28m NOK
+105.2%
Operating result
+33.5k NOK +522.9k NOK
+1460.6%
Net result
+34.4k NOK +517.2k NOK
+1404.2%
Equity
133.7k NOK 650.9k NOK
+386.9%
Cash
92.5k NOK 1.17m NOK
+1168.6%
Total assets
840.7k NOK 329.6k NOK
-60.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.57m NOK to 5.28m NOK (+105.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +33.5k NOK → +522.9k NOK (op. margin 1.3% → 9.9%). Calculated

  • ↑

    Net result improved

    Net result +34.4k NOK → +517.2k NOK (net margin 1.3% → 9.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 133.7k NOK → 650.9k NOK (equity ratio 15.9% → 197.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 92.5k NOK → 1.17m NOK (+1168.6% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.28× → 0.52× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 1.43m NOK → 3.21m NOK (+124.9% YoY). Calculated