20/20 PICTURES AS: årsregnskap 2020 vs 2019
Shrank 100% on revenue, stronger earnings
approved 2021-08-15; registry 2021-08-17; journal 2021 639945
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 20/20 PICTURES AS. Revenue 237.4k NOK → 237 NOK (-99.9%). Net result -495.7k NOK → -189.6k NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 20/20 PICTURES AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -475.9k NOK → -188.7k NOK (op. margin -200.5% → -79606.8%). Calculated
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↑
Net result improved
Net result -495.7k NOK → -189.6k NOK (net margin -208.8% → -80020.3%). Calculated
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↑
Cash rose
Bank deposits 143.8k NOK → 380.9k NOK (+164.9% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 237.4k NOK to 237 NOK (-99.9% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 438.9k NOK → 84.8k NOK (-80.7% YoY). Calculated