CARTAVIO AS: årsregnskap 2020 vs 2019
Shrank 65% on revenue, stronger earnings, cash halved-plus
approved 2021-08-14; registry 2021-09-14; journal 2021 755508
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for CARTAVIO AS. Revenue 118.5k NOK → 41.7k NOK (-64.8%). Net result +81.4k NOK → +708.4k NOK. Equity 105.8k NOK → 814.2k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +102.8k NOK → +837.3k NOK (op. margin 86.8% → 2008.5%). Calculated
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↑
Net result improved
Net result +81.4k NOK → +708.4k NOK (net margin 68.7% → 1699.2%). Calculated
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↑
Equity strengthened
Book equity 105.8k NOK → 814.2k NOK (equity ratio 64.9% → 1382.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 118.5k NOK to 41.7k NOK (-64.8% YoY). Calculated
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↓
Cash fell
Bank deposits 14.8k NOK → 1 422 NOK (-90.4% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1 518 NOK → 157.9k NOK (1% → 379% of revenue). Calculated