FirmaIQ
Org.nr 913 910 613 2019 → 2020 Year-over-year analysis

8-BIT MACHINERY AS: årsregnskap 2020 vs 2019

Grew 394% on revenue, stronger earnings

approved 2021-07-23; registry 2021-07-26; journal 2021 591186

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 8-BIT MACHINERY AS. Revenue 332.9k NOK → 1.65m NOK (+394.4%). Net result +18.0k NOK → +74.0k NOK. Equity 42.7k NOK → 11.12m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
332.9k NOK 1.65m NOK
+394.4%
Operating result
+26.1k NOK +94.8k NOK
+263.4%
Net result
+18.0k NOK +74.0k NOK
+310.3%
Equity
42.7k NOK 11.12m NOK
+25925.3%
Cash
311.5k NOK 371.1k NOK
+19.1%
Total assets
311.5k NOK 371.1k NOK
+19.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 332.9k NOK to 1.65m NOK (+394.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +26.1k NOK → +94.8k NOK (op. margin 7.8% → 5.8%). Calculated

  • ↑

    Net result improved

    Net result +18.0k NOK → +74.0k NOK (net margin 5.4% → 4.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 42.7k NOK → 11.12m NOK (equity ratio 13.7% → 2995.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 311.5k NOK → 371.1k NOK (+19.1% YoY). Calculated