2 PONDER EL AS: årsregnskap 2020 vs 2019
Grew 23% on revenue, returned to profit
approved 2021-08-10; registry 2021-09-20; journal 2021 774191
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 2 PONDER EL AS. Revenue 1.68m NOK → 2.07m NOK (+23.2%). Net result -48.8k NOK → +4.21m NOK. Equity 257.7k NOK → 471.0k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 2 PONDER EL AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.68m NOK to 2.07m NOK (+23.2% YoY). Calculated
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Operating result improved
Operating result -49.5k NOK → +283.1k NOK (op. margin -2.9% → 13.7%). Calculated
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Turned profitable
Net result flipped from a loss of 48.8k NOK to a profit of 4.21m NOK. Calculated
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Equity strengthened
Book equity 257.7k NOK → 471.0k NOK (equity ratio 28.1% → 584.7%). Calculated
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Cash rose
Bank deposits 377.7k NOK → 498.1k NOK (+31.9% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 1.00m NOK → 1.97m NOK (60% → 95% of revenue). Calculated
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COGS moved
COGS / varekostnad 479.3k NOK → 563.4k NOK (+17.5% YoY). Calculated