5 STAR AS: årsregnskap 2020 vs 2019
Shrank 24% on revenue, slipped into loss
approved 2021-05-24; registry 2021-06-03; journal 2021 387218
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 5 STAR AS. Revenue 954.8k NOK → 725.9k NOK (-24.0%). Net result +116.7k NOK → -163.0k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 135.8k NOK → 197.9k NOK (+45.7% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 954.8k NOK to 725.9k NOK (-24.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +116.6k NOK → -163.0k NOK (op. margin 12.2% → -22.5%). Calculated
-
↓
Fell into a net loss
Net result flipped from 116.7k NOK profit to a loss of 163.0k NOK. Calculated
-
↓
COGS moved
COGS / varekostnad 497 NOK → 653.8k NOK (+131454.3% YoY). Calculated