FirmaIQ
Org.nr 990 367 965 2019 → 2020 Year-over-year analysis

2T RÅD AS: årsregnskap 2020 vs 2019

Grew 31% on revenue, weaker earnings, cash halved-plus

approved 2021-05-31; registry 2021-06-28; journal 2021 487872

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 2T RÅD AS. Revenue 1.87m NOK → 2.45m NOK (+31.2%). Net result +785.8k NOK → +264.9k NOK. Equity 4.80m NOK → 6.07m NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
1.87m NOK 2.45m NOK
+31.2%
Operating result
+1.04m NOK +1.61m NOK
+54.8%
Net result
+785.8k NOK +264.9k NOK
-66.3%
Equity
4.80m NOK 6.07m NOK
+26.3%
Cash
565.5k NOK -57.4k NOK
-110.2%
Total assets
5.24m NOK 9.49m NOK
+81.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.87m NOK to 2.45m NOK (+31.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.04m NOK → +1.61m NOK (op. margin 55.8% → 65.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.80m NOK → 6.07m NOK (equity ratio 91.7% → 63.9%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +785.8k NOK → +264.9k NOK (net margin 42.1% → 10.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 565.5k NOK → -57.4k NOK (-110.2% YoY). Calculated