Org.nr 923 751 513 2019 → 2020 Year-over-year analysis

2DESIGN AS: årsregnskap 2020 vs 2019

Returned to profit

approved 2021-03-18; registry 2021-05-06; journal 2021 221622

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 2DESIGN AS. Net result -5 676 NOK → +50.3k NOK. Equity 24.3k NOK → 74.6k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for 2DESIGN AS.

Scorecard

Revenue
n/m 390.2k NOK
—
Operating result
-5 680 NOK +62.9k NOK
+1208.1%
Net result
-5 676 NOK +50.3k NOK
+986.2%
Equity
24.3k NOK 74.6k NOK
+206.8%
Cash
24.3k NOK 80.7k NOK
+231.7%
Total assets
24.3k NOK 152.0k NOK
+524.8%

What improved

  • ↑

    Operating result improved

    Operating result -5 680 NOK → +62.9k NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 5 676 NOK to a profit of 50.3k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 24.3k NOK → 74.6k NOK (equity ratio 100.0% → 49.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 24.3k NOK → 80.7k NOK (+231.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 019 NOK → 173.4k NOK. Calculated