FirmaIQ
Org.nr 913 444 019 2019 → 2020 Year-over-year analysis

377 SPORT AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-08-12; registry 2021-09-27; journal 2021 743887

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 377 SPORT AS. Revenue 17.27m NOK → 17.60m NOK (+1.9%). Net result +1.90m NOK → +808.0k NOK. Equity 79.3k NOK → 87.3k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 377 SPORT AS.

At a glance

Scorecard

Revenue
17.27m NOK 17.60m NOK
+1.9%
Operating result
+2.44m NOK +1.10m NOK
-55.0%
Net result
+1.90m NOK +808.0k NOK
-57.5%
Equity
79.3k NOK 87.3k NOK
+10.0%
Cash
1.84m NOK 5.79m NOK
+214.3%
Total assets
6.16m NOK 6.07m NOK
-1.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 17.27m NOK to 17.60m NOK (+1.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 79.3k NOK → 87.3k NOK (equity ratio 1.3% → 1.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.84m NOK → 5.79m NOK (+214.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +2.44m NOK → +1.10m NOK (op. margin 14.1% → 6.2%). Calculated

  • ↓

    Net result weakened

    Net result +1.90m NOK → +808.0k NOK (net margin 11.0% → 4.6%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 13.50m NOK → 14.85m NOK (+10.0% YoY). Calculated