FirmaIQ
Org.nr 912 470 768 2019 → 2020 Year-over-year analysis

ACTIVE TROMSO AS: årsregnskap 2020 vs 2019

Shrank 7% on revenue, stronger earnings

approved 2021-08-31; registry 2021-10-04; journal 2021 871482

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACTIVE TROMSO AS. Revenue 4.17m NOK → 3.89m NOK (-6.7%). Net result +517.5k NOK → +801.3k NOK. Equity 2.22m NOK → 3.02m NOK.

On the constructive side: net result improved; equity strengthened; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACTIVE TROMSO AS.

At a glance

Scorecard

Revenue
4.17m NOK 3.89m NOK
-6.7%
Operating result
+909.2k NOK +223.8k NOK
-75.4%
Net result
+517.5k NOK +801.3k NOK
+54.8%
Equity
2.22m NOK 3.02m NOK
+36.1%
Cash
81.8k NOK 56.2k NOK
-31.3%
Total assets
6.98m NOK 6.35m NOK
-9.0%

What improved

  • ↑

    Net result improved

    Net result +517.5k NOK → +801.3k NOK (net margin 12.4% → 20.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.22m NOK → 3.02m NOK (equity ratio 31.8% → 47.5%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.61× → 1.30×. Calculated

  • ↑

    Payroll decreased

    Salary cost 872.2k NOK → 824.6k NOK (21% → 21% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.17m NOK to 3.89m NOK (-6.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +909.2k NOK → +223.8k NOK (op. margin 21.8% → 5.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 81.8k NOK → 56.2k NOK (-31.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 141.8k NOK → 64.3k NOK (-54.7% YoY). Calculated