B2 IMPACT ASA: årsregnskap 2020 vs 2019
Grew 35% on revenue, stronger earnings
approved 2021-05-20; registry 2021-07-06; journal 2021 451401
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for B2 IMPACT ASA. Revenue 33.10m NOK → 44.71m NOK (+35.1%). Net result -156.55m NOK → -109.86m NOK. Equity 3.82bn NOK → 3.72bn NOK.
On the constructive side: revenue rose; net result improved; owners injected capital. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for B2 IMPACT ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 33.10m NOK to 44.71m NOK (+35.1% YoY). Calculated
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Net result improved
Net result -156.55m NOK → -109.86m NOK (net margin -472.9% → -245.7%). Calculated
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Owners injected capital
Paid-in equity rose 2.90bn NOK → 2.90bn NOK (+2.16m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +958.6k NOK → -90.48m NOK (op. margin 2.9% → -202.4%). Calculated
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↓
Equity eroded
Book equity 3.82bn NOK → 3.72bn NOK (equity ratio 29.1% → 33.9%). Calculated
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↓
Cash fell
Bank deposits 5.84m NOK → 5.07m NOK (-13.3% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 887.9k NOK → 57.99m NOK (3% → 130% of revenue). Calculated
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COGS moved
COGS / varekostnad 447.2k NOK → 8.45m NOK (+1790.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 12.94bn NOK → 10.81bn NOK. Reported fact