33EIENDOM AS: årsregnskap 2020 vs 2019
Grew 39% on revenue, slipped into loss
approved 2021-04-28; registry 2021-06-08; journal 2021 265293
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 33EIENDOM AS. Revenue 394.4k NOK → 547.7k NOK (+38.9%). Net result +14.7k NOK → -50.3k NOK. Equity 1.31m NOK → 1.26m NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 394.4k NOK to 547.7k NOK (+38.9% YoY). Calculated
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Payroll decreased
Salary cost 73.6k NOK → 2 NOK (19% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +142.5k NOK → +121.1k NOK (op. margin 36.1% → 22.1%). Calculated
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Fell into a net loss
Net result flipped from 14.7k NOK profit to a loss of 50.3k NOK. Calculated
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↓
Equity eroded
Book equity 1.31m NOK → 1.26m NOK (equity ratio 27.2% → 15.5%). Calculated
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↓
Cash fell
Bank deposits 107.7k NOK → 84.5k NOK (-21.5% YoY). Calculated