360 NORD AS: årsregnskap 2020 vs 2019
Shrank 15% on revenue, stronger earnings
approved 2021-06-30; registry 2021-07-15; journal 2021 570906
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 360 NORD AS. Revenue 569.5k NOK → 481.3k NOK (-15.5%). Net result +16.5k NOK → +42.4k NOK. Equity 53.7k NOK → 96.1k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 360 NORD AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +22.5k NOK → +54.9k NOK (op. margin 3.9% → 11.4%). Calculated
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↑
Net result improved
Net result +16.5k NOK → +42.4k NOK (net margin 2.9% → 8.8%). Calculated
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↑
Equity strengthened
Book equity 53.7k NOK → 96.1k NOK. Calculated
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↑
Cash rose
Bank deposits 2 739 NOK → 99.9k NOK (+3546.8% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 569.5k NOK to 481.3k NOK (-15.5% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 261.9k NOK → 177.1k NOK (-32.4% YoY). Calculated