Org.nr 920 941 168 2019 → 2020 Year-over-year analysis

2 KNOP AS: årsregnskap 2020 vs 2019

Grew 32% on revenue, returned to profit

registry 2021-07-07; journal 2021 542297

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 2 KNOP AS. Revenue 500.3k NOK → 662.7k NOK (+32.5%). Net result -18.6k NOK → +93.3k NOK. Equity -21.7k NOK → 71.5k 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 2 KNOP AS.

Scorecard

Revenue
500.3k NOK 662.7k NOK
+32.5%
Operating result
-18.8k NOK +122.4k NOK
+751.2%
Net result
-18.6k NOK +93.3k NOK
+601.5%
Equity
-21.7k NOK 71.5k NOK
+429.0%
Cash
16.9k NOK 57.5k NOK
+239.5%
Total assets
27.6k NOK 125.0k NOK
+352.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 500.3k NOK to 662.7k NOK (+32.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -18.8k NOK → +122.4k NOK (op. margin -3.8% → 18.5%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 18.6k NOK to a profit of 93.3k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -21.7k NOK → 71.5k NOK (equity ratio -78.7% → 57.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 16.9k NOK → 57.5k NOK (+239.5% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 216.4k NOK → 380.2k NOK (+75.7% YoY). Calculated