Org.nr 920 041 337 2019 → 2020 Year-over-year analysis

61N SJUSJØEN AS: årsregnskap 2020 vs 2019

Grew 1803% on revenue, stronger earnings

approved 2021-04-04; registry 2021-05-10; journal 2021 271058

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 61N SJUSJØEN AS. Revenue 58.6k NOK → 1.11m NOK (+1802.9%). Net result -300.2k NOK → -231.4k NOK.

On the constructive side: revenue rose; net result improved; owners injected capital. Pressures included: operating result weakened; cash fell.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for 61N SJUSJØEN AS.

Scorecard

Revenue
58.6k NOK 1.11m NOK
+1802.9%
Operating result
-172.8k NOK -214.9k NOK
-24.4%
Net result
-300.2k NOK -231.4k NOK
+22.9%
Equity
n/m -493.5k NOK
—
Cash
901.0k NOK 539.5k NOK
-40.1%
Total assets
5.31m NOK 5.28m NOK
-0.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 58.6k NOK to 1.11m NOK (+1802.9% YoY). Calculated

  • ↑

    Net result improved

    Net result -300.2k NOK → -231.4k NOK (net margin -512.5% → -20.8%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 44.4k NOK → 50.0k NOK (+5 570 NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 3.71m NOK → 2 NOK (6340% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -172.8k NOK → -214.9k NOK (op. margin -295.0% → -19.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 901.0k NOK → 539.5k NOK (-40.1% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 6 848 NOK → 48.3k NOK (+604.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 240 NOK → 240.2k NOK. Reported fact