Org.nr 914 620 457 2019 → 2020 Year-over-year analysis

CAPSOL TECHNOLOGIES ASA: årsregnskap 2020 vs 2019

Grew 99% on revenue, slipped into loss, fresh owner capital

registry 2021-08-12; journal 2021 627648

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for CAPSOL TECHNOLOGIES ASA. Revenue 121.3k NOK → 241.2k NOK (+98.8%). Net result +640.3k NOK → -10.50m NOK. Equity 7.49m NOK → 5.42m NOK.

On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for CAPSOL TECHNOLOGIES ASA.

Scorecard

Revenue
121.3k NOK 241.2k NOK
+98.8%
Operating result
-1.64m NOK -10.50m NOK
-540.6%
Net result
+640.3k NOK -10.50m NOK
-1739.7%
Equity
7.49m NOK 5.42m NOK
-27.7%
Cash
216.3k NOK 532.7k NOK
+146.3%
Total assets
7.67m NOK 11.47m NOK
+49.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 121.3k NOK to 241.2k NOK (+98.8% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 216.3k NOK → 532.7k NOK (+146.3% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 14.80m NOK → 23.23m NOK (+8.43m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -1.64m NOK → -10.50m NOK (op. margin -1350.4% → -4351.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 640.3k NOK profit to a loss of 10.50m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 7.49m NOK → 5.42m NOK (equity ratio 97.7% → 47.2%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 0 NOK → 1.47m NOK (0% → 608% of revenue). Calculated