2N MONTASJE AS: årsregnskap 2020 vs 2019
Grew 157% on revenue, stronger earnings
approved 2021-02-28; registry 2021-08-17; journal 2021 639187
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 2N MONTASJE AS. Revenue 713.5k NOK → 1.84m NOK (+157.3%). Net result +86.5k NOK → +124.0k NOK. Equity 294.8k NOK → 318.8k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 2N MONTASJE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 713.5k NOK to 1.84m NOK (+157.3% YoY). Calculated
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Operating result improved
Operating result +110.7k NOK → +159.0k NOK (op. margin 15.5% → 8.7%). Calculated
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Net result improved
Net result +86.5k NOK → +124.0k NOK (net margin 12.1% → 6.8%). Calculated
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Equity strengthened
Book equity 294.8k NOK → 318.8k NOK (equity ratio 49.5% → 46.3%). Calculated
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Cash rose
Bank deposits 444.4k NOK → 495.0k NOK (+11.4% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 1.20m NOK → 1.23m NOK (169% → 67% of revenue). Calculated
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COGS moved
COGS / varekostnad 30.0k NOK → 78.7k NOK (+162.2% YoY). Calculated