FirmaIQ
Org.nr 994 501 186 2019 → 2020 Year-over-year analysis

EAZYCOM AS: årsregnskap 2020 vs 2019

Grew 96% on revenue, weaker earnings, cash halved-plus

approved 2021-05-26; registry 2021-08-16; journal 2021 635694

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for EAZYCOM AS. Revenue 967.4k NOK → 1.89m NOK (+95.5%). Net result +622.5k NOK → +297.0k NOK. Equity 5.12m NOK → 5.41m NOK.

On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: operating result weakened; net result weakened; cash fell.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
967.4k NOK 1.89m NOK
+95.5%
Operating result
+534.6k NOK +226.7k NOK
-57.6%
Net result
+622.5k NOK +297.0k NOK
-52.3%
Equity
5.12m NOK 5.41m NOK
+5.8%
Cash
2.33m NOK 1.11m NOK
-52.4%
Total assets
6.42m NOK 6.40m NOK
-0.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 967.4k NOK to 1.89m NOK (+95.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 5.12m NOK → 5.41m NOK (equity ratio 79.7% → 84.6%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.97m NOK → 1.27m NOK (307% → 67% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +534.6k NOK → +226.7k NOK (op. margin 55.3% → 12.0%). Calculated

  • ↓

    Net result weakened

    Net result +622.5k NOK → +297.0k NOK (net margin 64.3% → 15.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.33m NOK → 1.11m NOK (-52.4% YoY). Calculated