Org.nr 917 554 579 2019 → 2020 Year-over-year analysis

5ARNS DATA AS: årsregnskap 2020 vs 2019

Shrank 67% on revenue, returned to profit

approved 2021-05-30; registry 2021-08-17; journal 2021 638777

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 5ARNS DATA AS. Revenue 820.1k NOK → 269.6k NOK (-67.1%). Net result -28.5k NOK → +19.7k NOK.

On the constructive side: operating result improved; turned profitable; cash rose. Pressures included: revenue fell; cogs moved.

Mixed year — gains and pressures both show up.

At a glance

Revenue

820.1k NOK 269.6k NOK

-67.1%

Operating result

-27.9k NOK +19.7k NOK

+170.5%

Net result

-28.5k NOK +19.7k NOK

+169.0%

Equity

n/m -7 312 NOK

—

Cash

-30.6k NOK 4 508 NOK

+114.7%

Total assets

83.3k NOK 130.3k NOK

+56.4%

↑
Operating result improved

Operating result -27.9k NOK → +19.7k NOK (op. margin -3.4% → 7.3%). Calculated
↑
Turned profitable

Net result flipped from a loss of 28.5k NOK to a profit of 19.7k NOK. Calculated
↑
Cash rose

Bank deposits -30.6k NOK → 4 508 NOK (+114.7% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 820.1k NOK to 269.6k NOK (-67.1% YoY). Calculated
↓
COGS moved

COGS / varekostnad 307.4k NOK → 513.5k NOK (+67.0% YoY). Calculated