Org.nr 920 812 848 2019 → 2020 Year-over-year analysis

NORDIC VAGABONDS AS: årsregnskap 2020 vs 2019

Shrank 22% on revenue, slipped into loss, fresh owner capital

approved 2021-09-07; registry 2021-09-09; journal 2021 741415

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for NORDIC VAGABONDS AS. Revenue 391.9k NOK → 304.9k NOK (-22.2%). Net result 0 NOK → -133.5k NOK.

On the constructive side: owners injected capital. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

Scorecard

Revenue
391.9k NOK 304.9k NOK
-22.2%
Operating result
0 NOK -34.4k NOK
—
Net result
0 NOK -133.5k NOK
—
Equity
n/m -232.7k NOK
—
Cash
-12.8k NOK -53.7k NOK
-320.0%
Total assets
-12.8k NOK -38.2k NOK
-198.5%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 24.4k NOK → 39.4k NOK (+15.0k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 391.9k NOK to 304.9k NOK (-22.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result 0 NOK → -34.4k NOK (op. margin 0.0% → -11.3%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 0 NOK profit to a loss of 133.5k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits -12.8k NOK → -53.7k NOK (-320.0% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 132.1k NOK → 166.1k NOK (+25.7% YoY). Calculated