24/7 BUDSERVICE AS: årsregnskap 2020 vs 2019
Grew 19% on revenue, stronger earnings, cash halved-plus
approved 2021-08-31; registry 2021-09-15; journal 2021 759248
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 24/7 BUDSERVICE AS. Revenue 1.45m NOK → 1.72m NOK (+18.9%). Net result -455.7k NOK → -216.7k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 24/7 BUDSERVICE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.45m NOK to 1.72m NOK (+18.9% YoY). Calculated
-
↑
Operating result improved
Operating result -451.3k NOK → -225.3k NOK (op. margin -31.2% → -13.1%). Calculated
-
↑
Net result improved
Net result -455.7k NOK → -216.7k NOK (net margin -31.5% → -12.6%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.27× → 4.64×. Calculated
-
↑
Owners injected capital
Paid-in equity rose 30.0k NOK → 280.0k NOK (+250.0k NOK). Reported fact
What deteriorated
-
↓
Cash fell
Bank deposits 3 810 NOK → 1 NOK (-100.0% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 572.1k NOK → 459.3k NOK (-19.7% YoY). Calculated