0 - 6 VÅLERENGGATA BARNEHAGE AS: årsregnskap 2020 vs 2019
Weaker earnings, cash halved-plus
registry 2021-10-02; journal 2021 851572
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 0 - 6 VÅLERENGGATA BARNEHAGE AS. Revenue 4.99m NOK → 5.02m NOK (+0.6%). Net result +258.3k NOK → +76.8k NOK. Equity 1.89m NOK → 1.96m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for 0 - 6 VÅLERENGGATA BARNEHAGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.99m NOK to 5.02m NOK (+0.6% YoY). Calculated
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↑
Equity strengthened
Book equity 1.89m NOK → 1.96m NOK (equity ratio 21.4% → 18.0%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +407.9k NOK → +208.4k NOK (op. margin 8.2% → 4.2%). Calculated
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↓
Net result weakened
Net result +258.3k NOK → +76.8k NOK (net margin 5.2% → 1.5%). Calculated
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↓
Cash fell
Bank deposits 2.06m NOK → 942.7k NOK (-54.3% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 3.90m NOK → 4.14m NOK (78% → 82% of revenue). Calculated
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COGS fell
COGS / varekostnad 61.5k NOK → 43.9k NOK (-28.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 249.0k NOK → 142.3k NOK. Reported fact