FirmaIQ
Org.nr 916 884 400 2019 → 2020 Year-over-year analysis

2XHOLEN CONSULTING AS: årsregnskap 2020 vs 2019

Shrank 33% on revenue, weaker earnings

approved 2021-06-17; registry 2021-07-01; journal 2021 507635

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 2XHOLEN CONSULTING AS. Revenue 2.01m NOK → 1.34m NOK (-33.1%). Net result +1.43m NOK → +975.4k NOK. Equity 452.0k NOK → 427.4k NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.01m NOK 1.34m NOK
-33.1%
Operating result
+1.83m NOK +1.25m NOK
-31.6%
Net result
+1.43m NOK +975.4k NOK
-31.8%
Equity
452.0k NOK 427.4k NOK
-5.4%
Cash
2.60m NOK 1.56m NOK
-39.9%
Total assets
2.97m NOK 1.76m NOK
-40.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.01m NOK to 1.34m NOK (-33.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.83m NOK → +1.25m NOK (op. margin 91.2% → 93.2%). Calculated

  • ↓

    Net result weakened

    Net result +1.43m NOK → +975.4k NOK (net margin 71.2% → 72.5%). Calculated

  • ↓

    Equity eroded

    Book equity 452.0k NOK → 427.4k NOK (equity ratio 15.2% → 24.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.60m NOK → 1.56m NOK (-39.9% YoY). Calculated