5B.NO AS: årsregnskap 2020 vs 2019
Stronger earnings
approved 2021-08-20; registry 2021-09-23; journal 2021 788891
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 5B.NO AS. Revenue 2.51m NOK → 2.55m NOK (+1.8%). Net result +52.0k NOK → +304.9k NOK. Equity 10.38m NOK → 12.69m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for 5B.NO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.51m NOK to 2.55m NOK (+1.8% YoY). Calculated
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↑
Operating result improved
Operating result +68.3k NOK → +392.5k NOK (op. margin 2.7% → 15.4%). Calculated
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Net result improved
Net result +52.0k NOK → +304.9k NOK (net margin 2.1% → 11.9%). Calculated
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↑
Equity strengthened
Book equity 10.38m NOK → 12.69m NOK (equity ratio 1058.6% → 2410.6%). Calculated
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↑
Cash rose
Bank deposits 422.8k NOK → 945.4k NOK (+123.6% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.39× → 0.48× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 141.3k NOK → 263.9k NOK (+86.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 36.3k NOK → 24.8k NOK. Reported fact