2FISK AS: årsregnskap 2020 vs 2019
Grew 764% on revenue, weaker earnings
approved 2021-04-13; registry 2021-04-21; journal 2021 214776
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 2FISK AS. Revenue 144.5k NOK → 1.25m NOK (+764.4%). Net result +205.6k NOK → +60.9k NOK. Equity 853.3k NOK → 914.2k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for 2FISK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 144.5k NOK to 1.25m NOK (+764.4% YoY). Calculated
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↑
Equity strengthened
Book equity 853.3k NOK → 914.2k NOK (equity ratio 45.9% → 61.2%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +295.4k NOK → +114.6k NOK (op. margin 204.4% → 9.2%). Calculated
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↓
Net result weakened
Net result +205.6k NOK → +60.9k NOK (net margin 142.3% → 4.9%). Calculated
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↓
Cash fell
Bank deposits 669.6k NOK → 394.3k NOK (-41.1% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1 NOK → 5.63m NOK (0% → 450% of revenue). Calculated