Org.nr 924 673 273 2019 → 2020 Year-over-year analysis

22B MESTRING AS: årsregnskap 2020 vs 2019

Grew 42% on revenue, slipped into loss

approved 2021-04-28; registry 2021-05-03; journal 2021 255416

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 22B MESTRING AS. Revenue 938 NOK → 1 328 NOK (+41.6%). Net result 0 NOK → -244.8k NOK. Equity 0 NOK → -244.8k NOK.

On the constructive side: revenue rose. Pressures included: fell into a net loss; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 22B MESTRING AS.

Scorecard

Revenue
938 NOK 1 328 NOK
+41.6%
Operating result
n/m -255.5k NOK
—
Net result
0 NOK -244.8k NOK
—
Equity
0 NOK -244.8k NOK
—
Cash
n/m 22.2k NOK
—
Total assets
0 NOK 71.6k NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 938 NOK to 1 328 NOK (+41.6% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 0 NOK profit to a loss of 244.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 0 NOK → -244.8k NOK. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -341.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation