FirmaIQ
Org.nr 896 082 582 2019 → 2020 Year-over-year analysis

2GREEN CONSULTING AS: årsregnskap 2020 vs 2019

Shrank 22% on revenue

approved 2021-06-28; registry 2021-07-26; journal 2021 545364

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 2GREEN CONSULTING AS. Revenue 2.33m NOK → 1.81m NOK (-22.4%). Net result +800.9k NOK → +663.3k NOK. Equity 12.63m NOK → 1.30m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.33m NOK 1.81m NOK
-22.4%
Operating result
+1.02m NOK +847.4k NOK
-17.2%
Net result
+800.9k NOK +663.3k NOK
-17.2%
Equity
12.63m NOK 1.30m NOK
-89.7%
Cash
485.2k NOK 1.33m NOK
+173.5%
Total assets
1.80m NOK 1.72m NOK
-4.4%

What improved

  • ↑

    Cash rose

    Bank deposits 485.2k NOK → 1.33m NOK (+173.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.33m NOK to 1.81m NOK (-22.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.02m NOK → +847.4k NOK (op. margin 44.0% → 46.9%). Calculated

  • ↓

    Net result weakened

    Net result +800.9k NOK → +663.3k NOK (net margin 34.4% → 36.7%). Calculated

  • ↓

    Equity eroded

    Book equity 12.63m NOK → 1.30m NOK (equity ratio 701.7% → 75.3%). Calculated