360 LOGISTICS AS: årsregnskap 2020 vs 2019
Grew 5910% on revenue, stronger earnings
approved 2021-01-25; registry 2021-01-27; journal 2021 109974
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 360 LOGISTICS AS. Revenue 325.2k NOK → 19.55m NOK (+5910.3%). Net result +607.9k NOK → +1.84m NOK. Equity 1.78m NOK → 3.62m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for 360 LOGISTICS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 325.2k NOK to 19.55m NOK (+5910.3% YoY). Calculated
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Net result improved
Net result +607.9k NOK → +1.84m NOK (net margin 186.9% → 9.4%). Calculated
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Equity strengthened
Book equity 1.78m NOK → 3.62m NOK (equity ratio 40.7% → 34.5%). Calculated
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Cash rose
Bank deposits 1.59m NOK → 3.41m NOK (+115.1% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 1.68m NOK → 3.15m NOK (517% → 16% of revenue). Calculated
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COGS moved
COGS / varekostnad 2.28m NOK → 8.38m NOK (+267.0% YoY). Calculated
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Book investments changed
Investment / intangible book value 1 767 NOK → 3.14m NOK. Reported fact