Org.nr 917 762 562 2019 → 2020 Year-over-year analysis

4U & ME AS: årsregnskap 2020 vs 2019

Grew 20% on revenue

approved 2021-04-01; registry 2021-06-10; journal 2021 410330

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 4U & ME AS. Revenue 348.4k NOK → 417.0k NOK (+19.7%). Net result 0 NOK → +1 446 NOK. Equity 31.9k NOK → 33.3k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4U & ME AS.

Scorecard

Revenue
348.4k NOK 417.0k NOK
+19.7%
Operating result
-761 NOK +1 637 NOK
+315.1%
Net result
0 NOK +1 446 NOK
—
Equity
31.9k NOK 33.3k NOK
+4.5%
Cash
5 780 NOK 9 263 NOK
+60.3%
Total assets
15.7k NOK 29.7k NOK
+88.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 348.4k NOK to 417.0k NOK (+19.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -761 NOK → +1 637 NOK (op. margin -0.2% → 0.4%). Calculated

  • ↑

    Net result improved

    Net result 0 NOK → +1 446 NOK (net margin 0.0% → 0.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 31.9k NOK → 33.3k NOK (equity ratio 202.6% → 112.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 5 780 NOK → 9 263 NOK (+60.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 9 030 NOK → 0 NOK (-100.0% YoY). Calculated