29 MINUTE BOOKS AS: årsregnskap 2020 vs 2019
Grew 101% on revenue, returned to profit
approved 2021-05-27; registry 2021-10-04; journal 2021 869612
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 29 MINUTE BOOKS AS. Revenue 242.5k NOK → 487.2k NOK (+100.9%). Net result -93.1k NOK → +11.0k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
242.5k NOK
487.2k NOK
+100.9%
Operating result
-93.0k NOK
+12.2k NOK
+113.1%
Net result
-93.1k NOK
+11.0k NOK
+111.8%
Equity
n/m
-61.7k NOK
—
Cash
189.9k NOK
253.3k NOK
+33.4%
Total assets
189.9k NOK
253.3k NOK
+33.4%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 242.5k NOK to 487.2k NOK (+100.9% YoY). Calculated
-
↑
Operating result improved
Operating result -93.0k NOK → +12.2k NOK (op. margin -38.4% → 2.5%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 93.1k NOK to a profit of 11.0k NOK. Calculated
-
↑
Cash rose
Bank deposits 189.9k NOK → 253.3k NOK (+33.4% YoY). Calculated