FirmaIQ
Org.nr 987 404 876 2019 → 2020 Year-over-year analysis

79 DEGREES SOUTH AS: årsregnskap 2020 vs 2019

Grew 46% on revenue

approved 2021-03-04; registry 2021-06-03; journal 2021 382102

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 79 DEGREES SOUTH AS. Revenue 487.6k NOK → 714.3k NOK (+46.5%). Net result +198.8k NOK → +220.5k NOK. Equity 195.2k NOK → 415.7k NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 79 DEGREES SOUTH AS.

At a glance

Scorecard

Revenue
487.6k NOK 714.3k NOK
+46.5%
Operating result
+263.3k NOK +284.2k NOK
+7.9%
Net result
+198.8k NOK +220.5k NOK
+10.9%
Equity
195.2k NOK 415.7k NOK
+112.9%
Cash
14.7k NOK 114.5k NOK
+677.1%
Total assets
396.9k NOK 532.0k NOK
+34.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 487.6k NOK to 714.3k NOK (+46.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +263.3k NOK → +284.2k NOK (op. margin 54.0% → 39.8%). Calculated

  • ↑

    Net result improved

    Net result +198.8k NOK → +220.5k NOK (net margin 40.8% → 30.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 195.2k NOK → 415.7k NOK (equity ratio 49.2% → 78.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 14.7k NOK → 114.5k NOK (+677.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 51.0k NOK → 144.5k NOK. Reported fact