Org.nr 922 021 155 2019 → 2020 Year-over-year analysis

2BROR PIZZA AS: årsregnskap 2020 vs 2019

Grew 51% on revenue, returned to profit, cash halved-plus

approved 2021-07-19; registry 2021-08-23; journal 2021 639491

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 2BROR PIZZA AS. Revenue 1.30m NOK → 1.95m NOK (+50.5%). Net result -56.7k NOK → +112.0k NOK. Equity -26.7k NOK → 85.3k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 2BROR PIZZA AS.

Scorecard

Revenue
1.30m NOK 1.95m NOK
+50.5%
Operating result
-46.6k NOK +138.6k NOK
+397.5%
Net result
-56.7k NOK +112.0k NOK
+297.6%
Equity
-26.7k NOK 85.3k NOK
+419.5%
Cash
107.3k NOK 37.3k NOK
-65.2%
Total assets
324.8k NOK 535.5k NOK
+64.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.30m NOK to 1.95m NOK (+50.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -46.6k NOK → +138.6k NOK (op. margin -3.6% → 7.1%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 56.7k NOK to a profit of 112.0k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -26.7k NOK → 85.3k NOK (equity ratio -8.2% → 15.9%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 107.3k NOK → 37.3k NOK (-65.2% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 431.1k NOK → 611.8k NOK (+41.9% YoY). Calculated