FirmaIQ
Org.nr 920 243 258 2019 → 2020 Year-over-year analysis

2LATE AS: årsregnskap 2020 vs 2019

Grew 618% on revenue, returned to profit

approved 2021-04-01; registry 2021-04-06; journal 2021 186174

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 2LATE AS. Revenue 4 950 NOK → 35.5k NOK (+617.8%). Net result -55.2k NOK → +17.8k NOK. Equity 100.7k NOK → 118.4k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
4 950 NOK 35.5k NOK
+617.8%
Operating result
-25.0k NOK +22.8k NOK
+191.0%
Net result
-55.2k NOK +17.8k NOK
+132.2%
Equity
100.7k NOK 118.4k NOK
+17.7%
Cash
104.9k NOK 122.4k NOK
+16.6%
Total assets
106.0k NOK 123.4k NOK
+16.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4 950 NOK to 35.5k NOK (+617.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -25.0k NOK → +22.8k NOK (op. margin -505.3% → 64.1%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 55.2k NOK to a profit of 17.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 100.7k NOK → 118.4k NOK (equity ratio 94.9% → 95.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 104.9k NOK → 122.4k NOK (+16.6% YoY). Calculated