Org.nr 936 882 986 2019 → 2020 Year-over-year analysis

A/S TRÅIKA: årsregnskap 2020 vs 2019

Shrank 10% on revenue, returned to profit

registry 2021-06-15; journal 2021 316697

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for A/S TRÅIKA. Revenue 1.96m NOK → 1.75m NOK (-10.5%). Net result -388.4k NOK → +414.7k NOK. Equity 12.28m NOK → 11.94m NOK.

On the constructive side: operating result improved; turned profitable. Pressures included: revenue fell; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A/S TRÅIKA.

Scorecard

Revenue
1.96m NOK 1.75m NOK
-10.5%
Operating result
-631.0k NOK +435.1k NOK
+169.0%
Net result
-388.4k NOK +414.7k NOK
+206.8%
Equity
12.28m NOK 11.94m NOK
-2.8%
Cash
847.8k NOK n/m
—
Total assets
14.16m NOK 14.60m NOK
+3.1%

What improved

  • ↑

    Operating result improved

    Operating result -631.0k NOK → +435.1k NOK (op. margin -32.2% → 24.8%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 388.4k NOK to a profit of 414.7k NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.96m NOK to 1.75m NOK (-10.5% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 12.28m NOK → 11.94m NOK (equity ratio 86.7% → 81.8%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 7.43m NOK → 3.53m NOK. Reported fact