FirmaIQ
Org.nr 914 067 553 2019 → 2020 Year-over-year analysis

24/7 LOGISTIKK AS: årsregnskap 2020 vs 2019

Shrank 52% on revenue, slipped into loss, cash halved-plus

approved 2021-08-31; registry 2021-10-11; journal 2021 795667

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 24/7 LOGISTIKK AS. Revenue 10.66m NOK → 5.07m NOK (-52.4%). Net result +467.3k NOK → -14.1k NOK. Equity 273.5k NOK → 159.4k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 24/7 LOGISTIKK AS.

At a glance

Scorecard

Revenue
10.66m NOK 5.07m NOK
-52.4%
Operating result
+603.9k NOK -13.5k NOK
-102.2%
Net result
+467.3k NOK -14.1k NOK
-103.0%
Equity
273.5k NOK 159.4k NOK
-41.7%
Cash
192.7k NOK 70.2k NOK
-63.6%
Total assets
373.2k NOK 441.7k NOK
+18.4%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 10.66m NOK to 5.07m NOK (-52.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +603.9k NOK → -13.5k NOK (op. margin 5.7% → -0.3%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 467.3k NOK profit to a loss of 14.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 273.5k NOK → 159.4k NOK (equity ratio 73.3% → 36.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 192.7k NOK → 70.2k NOK (-63.6% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 9.36m NOK → 4.44m NOK (-52.6% YoY). Calculated