ACTIVE PROFILE AS: årsregnskap 2020 vs 2019
Shrank 32% on revenue, returned to profit
registry 2021-06-30; journal 2021 424057
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACTIVE PROFILE AS. Revenue 7.18m NOK → 4.92m NOK (-31.5%). Net result -257.8k NOK → +263.9k NOK. Equity 380.1k NOK → 12.64m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACTIVE PROFILE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -251.1k NOK → +262.7k NOK (op. margin -3.5% → 5.3%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 257.8k NOK to a profit of 263.9k NOK. Calculated
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↑
Equity strengthened
Book equity 380.1k NOK → 12.64m NOK (equity ratio 100.4% → 815.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 7.18m NOK to 4.92m NOK (-31.5% YoY). Calculated
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↓
Cash fell
Bank deposits 507.5k NOK → 455.1k NOK (-10.3% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.93m NOK → 1565.18bn NOK (27% → 31826013% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 4.71m NOK → 3.26m NOK (-30.8% YoY). Calculated