FirmaIQ
Org.nr 989 890 832 2019 → 2020 Year-over-year analysis

99X SOLUTIONS AS: årsregnskap 2020 vs 2019

Grew 28% on revenue, stronger earnings

approved 2021-05-25; registry 2021-07-13; journal 2021 475645

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 99X SOLUTIONS AS. Revenue 25.22m NOK → 32.16m NOK (+27.5%). Net result +3.20m NOK → +5.38m NOK. Equity 7.93m NOK → 10.10m 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
25.22m NOK 32.16m NOK
+27.5%
Operating result
+4.06m NOK +7.01m NOK
+72.4%
Net result
+3.20m NOK +5.38m NOK
+68.1%
Equity
7.93m NOK 10.10m NOK
+27.3%
Cash
6.66m NOK 10.39m NOK
+55.9%
Total assets
14.90m NOK 17.27m NOK
+15.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 25.22m NOK to 32.16m NOK (+27.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +4.06m NOK → +7.01m NOK (op. margin 16.1% → 21.8%). Calculated

  • ↑

    Net result improved

    Net result +3.20m NOK → +5.38m NOK (net margin 12.7% → 16.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 7.93m NOK → 10.10m NOK (equity ratio 53.2% → 58.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 6.66m NOK → 10.39m NOK (+55.9% YoY). Calculated