Org.nr 999 544 851 2019 → 2020 Year-over-year analysis

78 GRADER NORD AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-05-25; registry 2021-06-19; journal 2021 441338

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 78 GRADER NORD AS. Revenue 1.66m NOK → 1.59m NOK (-4.0%). Net result +1.24m NOK → +250.5k NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
1.66m NOK 1.59m NOK
-4.0%
Operating result
-140.8k NOK +249.9k NOK
+277.5%
Net result
+1.24m NOK +250.5k NOK
-79.8%
Equity
1.59m NOK n/m
—
Cash
148.4k NOK 114.1k NOK
-23.1%
Total assets
2.30m NOK 1.66m NOK
-27.6%

What improved

  • ↑

    Operating result improved

    Operating result -140.8k NOK → +249.9k NOK (op. margin -8.5% → 15.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.66m NOK to 1.59m NOK (-4.0% YoY). Calculated

  • ↓

    Net result weakened

    Net result +1.24m NOK → +250.5k NOK (net margin 75.0% → 15.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 148.4k NOK → 114.1k NOK (-23.1% YoY). Calculated