Org.nr 919 213 914 2019 → 2020 Year-over-year analysis

DIGGIT AS: årsregnskap 2020 vs 2019

Grew 480% on revenue, weaker earnings

approved 2021-08-26; registry 2021-09-13; journal 2021 752487

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for DIGGIT AS. Revenue 224.8k NOK → 1.30m NOK (+479.8%). Net result -65.6k NOK → -866.5k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened.

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

Scorecard

Revenue
224.8k NOK 1.30m NOK
+479.8%
Operating result
-65.8k NOK -1.21m NOK
-1740.9%
Net result
-65.6k NOK -866.5k NOK
-1220.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 224.8k NOK to 1.30m NOK (+479.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -65.8k NOK → -1.21m NOK (op. margin -29.3% → -92.9%). Calculated

  • ↓

    Net result weakened

    Net result -65.6k NOK → -866.5k NOK (net margin -29.2% → -66.5%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 38.4k NOK → 0 NOK (-100.0% YoY). Calculated