2 ROM OG KJØKKEN AS: årsregnskap 2020 vs 2019
Shrank 35% on revenue, stronger earnings
approved 2021-07-31; registry 2021-09-27; journal 2021 815777
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 2 ROM OG KJØKKEN AS. Revenue 4.49m NOK → 2.92m NOK (-34.9%). Net result -518.9k NOK → -68.6k NOK. Equity -1.32m NOK → -1.40m NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -386.1k NOK → +39.3k NOK (op. margin -8.6% → 1.3%). Calculated
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Net result improved
Net result -518.9k NOK → -68.6k NOK (net margin -11.6% → -2.3%). Calculated
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Cash rose
Bank deposits 49.6k NOK → 137.0k NOK (+176.4% YoY). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 4.49m NOK to 2.92m NOK (-34.9% YoY). Calculated
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Equity eroded
Book equity -1.32m NOK → -1.40m NOK (equity ratio -66.1% → -35.8%). Calculated
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Payroll up without matching revenue
Salary cost 126.3k NOK → 1.77m NOK (3% → 61% of revenue). Calculated
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COGS moved
COGS / varekostnad 1.90m NOK → 2.88m NOK (+51.7% YoY). Calculated