FirmaIQ
Org.nr 992 126 434 2019 → 2020 Year-over-year analysis

2RZ HOLDING AS: årsregnskap 2020 vs 2019

Shrank 48% on revenue, weaker earnings, cash halved-plus

approved 2021-05-17; registry 2021-09-14; journal 2021 755664

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 2RZ HOLDING AS. Revenue -78.6k NOK → -116.3k NOK (-47.9%). Net result -66.9k NOK → -107.0k NOK. Equity 2.22m NOK → 2.11m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
-78.6k NOK -116.3k NOK
-47.9%
Operating result
-80.4k NOK -118.5k NOK
-47.5%
Net result
-66.9k NOK -107.0k NOK
-60.1%
Equity
2.22m NOK 2.11m NOK
-4.8%
Cash
955.9k NOK 25.2k NOK
-97.4%
Total assets
2.22m NOK 2.11m NOK
-4.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from -78.6k NOK to -116.3k NOK (-47.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -80.4k NOK → -118.5k NOK (op. margin 102.2% → 101.9%). Calculated

  • ↓

    Net result weakened

    Net result -66.9k NOK → -107.0k NOK (net margin 85.1% → 92.0%). Calculated

  • ↓

    Equity eroded

    Book equity 2.22m NOK → 2.11m NOK (equity ratio 99.8% → 99.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 955.9k NOK → 25.2k NOK (-97.4% YoY). Calculated