FirmaIQ
Org.nr 916 161 549 2019 → 2020 Year-over-year analysis

TAVARE AS: årsregnskap 2020 vs 2019

Shrank 97% on revenue

approved 2021-06-14; registry 2021-07-31; journal 2021 599578

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for TAVARE AS. Revenue 28.2k NOK → 862 NOK (-96.9%). Net result -74.3k NOK → -84.1k NOK. Equity -84.5k NOK → -168.6k NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
28.2k NOK 862 NOK
-96.9%
Operating result
-74.3k NOK -89.4k NOK
-20.3%
Net result
-74.3k NOK -84.1k NOK
-13.2%
Equity
-84.5k NOK -168.6k NOK
-99.4%
Cash
25 NOK 6 256 NOK
+24924.0%
Total assets
25 NOK 11.6k NOK
+46164.0%

What improved

  • ↑

    Cash rose

    Bank deposits 25 NOK → 6 256 NOK (+24924.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 28.2k NOK to 862 NOK (-96.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -74.3k NOK → -89.4k NOK (op. margin -263.2% → -10369.5%). Calculated

  • ↓

    Net result weakened

    Net result -74.3k NOK → -84.1k NOK (net margin -263.1% → -9753.4%). Calculated

  • ↓

    Equity eroded

    Book equity -84.5k NOK → -168.6k NOK (equity ratio -338176.0% → -1457.9%). Calculated