FirmaIQ
Org.nr 920 679 102 2019 → 2020 Year-over-year analysis

2XH CONSULTING AS: årsregnskap 2020 vs 2019

Grew 211% on revenue, slipped into loss

approved 2021-06-01; registry 2021-06-21; journal 2021 447347

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 2XH CONSULTING AS. Revenue 750 NOK → 2 335 NOK (+211.3%). Net result +16.6k NOK → -7 171 NOK. Equity 8 665 NOK → 1 494 NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: fell into a net loss; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 2XH CONSULTING AS.

At a glance

Scorecard

Revenue
750 NOK 2 335 NOK
+211.3%
Operating result
-16.6k NOK -7 172 NOK
+56.7%
Net result
+16.6k NOK -7 171 NOK
-143.3%
Equity
8 665 NOK 1 494 NOK
-82.8%
Cash
1 000 NOK 2 524 NOK
+152.4%
Total assets
291.2k NOK 378.0k NOK
+29.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 750 NOK to 2 335 NOK (+211.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -16.6k NOK → -7 172 NOK (op. margin -2210.3% → -307.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 1 000 NOK → 2 524 NOK (+152.4% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 16.6k NOK profit to a loss of 7 171 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 8 665 NOK → 1 494 NOK (equity ratio 3.0% → 0.4%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation