4S LIGHTING AS: årsregnskap 2020 vs 2019
Grew 308% on revenue, returned to profit
approved 2021-05-03; registry 2021-05-05; journal 2021 262605
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 4S LIGHTING AS. Revenue 154.3k NOK → 629.9k NOK (+308.3%). Net result -68.6k NOK → +733.6k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for 4S LIGHTING AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 154.3k NOK to 629.9k NOK (+308.3% YoY). Calculated
-
↑
Operating result improved
Operating result -64.0k NOK → +758.1k NOK (op. margin -41.5% → 120.4%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 68.6k NOK to a profit of 733.6k NOK. Calculated
-
↑
Payroll decreased
Salary cost 157.5k NOK → 0 NOK (102% → 0% of revenue). Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 214.7k NOK → 828.8k NOK (+286.0% YoY). Calculated