4 ROM INTERIØRDESIGN AS: årsregnskap 2020 vs 2019
Shrank 40% on revenue, slipped into loss
approved 2021-05-10; registry 2021-05-27; journal 2021 335157
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 4 ROM INTERIØRDESIGN AS. Revenue 1.34m NOK → 809.4k NOK (-39.7%). Net result +83.1k NOK → -31.6k NOK. Equity 335.6k NOK → 304.0k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4 ROM INTERIØRDESIGN AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 1.88m NOK → 338.4k NOK (140% → 42% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.34m NOK to 809.4k NOK (-39.7% YoY). Calculated
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↓
Operating result weakened
Operating result +82.8k NOK → -31.5k NOK (op. margin 6.2% → -3.9%). Calculated
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↓
Fell into a net loss
Net result flipped from 83.1k NOK profit to a loss of 31.6k NOK. Calculated
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↓
Equity eroded
Book equity 335.6k NOK → 304.0k NOK (equity ratio 60.3% → 67.5%). Calculated
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↓
Cash fell
Bank deposits 386.5k NOK → 299.6k NOK (-22.5% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 255.3k NOK → 138.0k NOK (-45.9% YoY). Calculated