FirmaIQ
Org.nr 921 828 438 2019 → 2020 Year-over-year analysis

DIGITAL XBO AS: årsregnskap 2020 vs 2019

Grew 219% on revenue, returned to profit, fresh owner capital

approved 2021-03-16; registry 2021-08-31; journal 2021 653889

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for DIGITAL XBO AS. Revenue 250.0k NOK → 798.4k NOK (+219.4%). Net result -1.79m NOK → +2.46m NOK. Equity 27.16m NOK → 29.61m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
250.0k NOK 798.4k NOK
+219.4%
Operating result
-2 213 NOK +1.42m NOK
+64397.9%
Net result
-1.79m NOK +2.46m NOK
+237.2%
Equity
27.16m NOK 29.61m NOK
+9.0%
Cash
853.0k NOK 853.0k NOK
0.0%
Total assets
34.50m NOK 49.59m NOK
+43.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 250.0k NOK to 798.4k NOK (+219.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -2 213 NOK → +1.42m NOK (op. margin -0.9% → 178.2%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.79m NOK to a profit of 2.46m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 27.16m NOK → 29.61m NOK (equity ratio 78.7% → 59.7%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 28.9k NOK → 28.95m NOK (+28.92m NOK). Reported fact