FirmaIQ
Org.nr 919 345 578 2019 → 2020 Year-over-year analysis

OPTIO INCENTIVES AS: årsregnskap 2020 vs 2019

Grew 97% on revenue, weaker earnings

approved 2021-09-28; registry 2021-09-30; journal 2021 836470

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for OPTIO INCENTIVES AS. Revenue 5.08m NOK → 9.99m NOK (+96.7%). Net result +1.54m NOK → +1.14m NOK. Equity 2.34m NOK → 2.94m NOK.

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

Also worth watching: paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for OPTIO INCENTIVES AS.

At a glance

Scorecard

Revenue
5.08m NOK 9.99m NOK
+96.7%
Operating result
+1.60m NOK +192.8k NOK
-87.9%
Net result
+1.54m NOK +1.14m NOK
-25.7%
Equity
2.34m NOK 2.94m NOK
+25.9%
Cash
1.65m NOK 4.95m NOK
+200.0%
Total assets
6.28m NOK 8.80m NOK
+40.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.08m NOK to 9.99m NOK (+96.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 2.34m NOK → 2.94m NOK (equity ratio 37.2% → 33.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.65m NOK → 4.95m NOK (+200.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.60m NOK → +192.8k NOK (op. margin 31.5% → 1.9%). Calculated

  • ↓

    Net result weakened

    Net result +1.54m NOK → +1.14m NOK (net margin 30.3% → 11.4%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 624.4k NOK → 88.4k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 4.39m NOK → 5.77m NOK (87% → 58% of revenue). Calculated