Org.nr 922 767 947 2019 → 2020 Year-over-year analysis

2U MOTION AS: årsregnskap 2020 vs 2019

Shrank 100% on revenue, cash halved-plus

registry 2021-10-07; journal 2021 879964

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 2U MOTION AS. Revenue 36.5k NOK → 0 NOK (-100.0%). Net result -38.0k NOK → -30.6k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 2U MOTION AS.

Scorecard

Revenue
36.5k NOK 0 NOK
-100.0%
Operating result
-38.1k NOK -30.6k NOK
+19.5%
Net result
-38.0k NOK -30.6k NOK
+19.5%
Equity
n/m 25.8k NOK
—
Cash
56.4k NOK 25.8k NOK
-54.3%
Total assets
56.4k NOK 25.8k NOK
-54.3%

What improved

  • ↑

    Operating result improved

    Operating result -38.1k NOK → -30.6k NOK. Calculated

  • ↑

    Net result improved

    Net result -38.0k NOK → -30.6k NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 36.5k NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 56.4k NOK → 25.8k NOK (-54.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 51.4k NOK → 25.2k NOK (-50.9% YoY). Calculated