59'NORD OMSORG OG SERVICE AS: årsregnskap 2020 vs 2019
Grew 146% on revenue, slipped into loss
approved 2021-04-30; registry 2021-05-18; journal 2021 295856
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 59'NORD OMSORG OG SERVICE AS. Revenue 20.8k NOK → 51.0k NOK (+145.6%). Net result +17.6k NOK → -9 359 NOK. Equity -33.5k NOK → -42.9k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for 59'NORD OMSORG OG SERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 20.8k NOK to 51.0k NOK (+145.6% YoY). Calculated
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↑
Payroll decreased
Salary cost 3 NOK → -39.7k NOK (0% → -78% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +19.6k NOK → -8 641 NOK (op. margin 94.2% → -16.9%). Calculated
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↓
Fell into a net loss
Net result flipped from 17.6k NOK profit to a loss of 9 359 NOK. Calculated
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↓
Equity eroded
Book equity -33.5k NOK → -42.9k NOK (equity ratio -6894.9% → -1788.4%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 22.3k NOK → 50.9k NOK (+128.1% YoY). Calculated