Org.nr 919 985 747 2019 → 2020 Year-over-year analysis

6C ST AS: årsregnskap 2020 vs 2019

Grew 12% on revenue, returned to profit

approved 2021-06-07; registry 2021-08-16; journal 2021 632846

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 6C ST AS. Revenue 2.95m NOK → 3.31m NOK (+12.1%). Net result -1.85m NOK → +5.38m NOK. Equity 1.83m NOK → 2.21m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for 6C ST AS.

Scorecard

Revenue
2.95m NOK 3.31m NOK
+12.1%
Operating result
-2.00m NOK +122.9k NOK
+106.2%
Net result
-1.85m NOK +5.38m NOK
+391.2%
Equity
1.83m NOK 2.21m NOK
+20.7%
Cash
1.23m NOK 1.80m NOK
+46.3%
Total assets
2.50m NOK 2.90m NOK
+15.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.95m NOK to 3.31m NOK (+12.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -2.00m NOK → +122.9k NOK (op. margin -67.6% → 3.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.85m NOK to a profit of 5.38m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.83m NOK → 2.21m NOK (equity ratio 73.1% → 76.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.23m NOK → 1.80m NOK (+46.3% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 871.0k NOK → 1.15m NOK (+32.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 920.4k NOK → 75.0k NOK. Reported fact