Org.nr 924 278 137 2019 → 2020 Year-over-year analysis

7FJELL GLASSERVICE AS: årsregnskap 2020 vs 2019

Grew 277400% on revenue, stronger earnings

approved 2021-05-20; registry 2021-05-25; journal 2021 319863

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 7FJELL GLASSERVICE AS. Revenue 1 NOK → 2 775 NOK (+277400.0%). Net result +1 NOK → +319.4k NOK. Equity 23.2k NOK → 342.5k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for 7FJELL GLASSERVICE AS.

Scorecard

Revenue
1 NOK 2 775 NOK
+277400.0%
Operating result
n/m +407.5k NOK
—
Net result
+1 NOK +319.4k NOK
+31935300.0%
Equity
23.2k NOK 342.5k NOK
+1376.9%
Cash
30.0k NOK 527.0k NOK
+1656.5%
Total assets
30.0k NOK 738.0k NOK
+2359.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 NOK to 2 775 NOK (+277400.0% YoY). Calculated

  • ↑

    Net result improved

    Net result +1 NOK → +319.4k NOK (net margin 100.0% → 11508.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 23.2k NOK → 342.5k NOK (equity ratio 77.3% → 46.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 30.0k NOK → 527.0k NOK (+1656.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 5 NOK → 774.2k NOK (500% → 27899% of revenue). Calculated