FirmaIQ
Org.nr 812 467 182 2019 → 2020 Year-over-year analysis

&MORE AS: årsregnskap 2020 vs 2019

Grew 45% on revenue, stronger earnings

approved 2021-05-05; registry 2021-05-10; journal 2021 271528

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for &MORE AS. Revenue 1.62m NOK → 2.35m NOK (+45.0%). Net result +387.7k NOK → +991.0k NOK. Equity 31.0k NOK → 31.0k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for &MORE AS.

At a glance

Scorecard

Revenue
1.62m NOK 2.35m NOK
+45.0%
Operating result
+500.2k NOK +271.6k NOK
-45.7%
Net result
+387.7k NOK +991.0k NOK
+155.6%
Equity
31.0k NOK 31.0k NOK
0.0%
Cash
674.5k NOK 1.45m NOK
+115.3%
Total assets
679.4k NOK 457.5k NOK
-32.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.62m NOK to 2.35m NOK (+45.0% YoY). Calculated

  • ↑

    Net result improved

    Net result +387.7k NOK → +991.0k NOK (net margin 23.9% → 42.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 674.5k NOK → 1.45m NOK (+115.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +500.2k NOK → +271.6k NOK (op. margin 30.8% → 11.5%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 6 NOK → 1.02m NOK (0% → 43% of revenue). Calculated