FirmaIQ
Org.nr 980 292 738 2019 → 2020 Year-over-year analysis

1-2-TRE ELEMENTPRODUKSJON AS: årsregnskap 2020 vs 2019

Grew 22% on revenue, stronger earnings

approved 2021-04-06; registry 2021-10-04; journal 2021 769359

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 1-2-TRE ELEMENTPRODUKSJON AS. Revenue 84.11m NOK → 102.34m NOK (+21.7%). Net result +4.13m NOK → +7.31m NOK. Equity 17.03m NOK → 21.34m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 1-2-TRE ELEMENTPRODUKSJON AS.

At a glance

Scorecard

Revenue
84.11m NOK 102.34m NOK
+21.7%
Operating result
+5.58m NOK +9.49m NOK
+70.1%
Net result
+4.13m NOK +7.31m NOK
+77.0%
Equity
17.03m NOK 21.34m NOK
+25.3%
Cash
5.00m NOK 13.99m NOK
+180.1%
Total assets
41.88m NOK 46.22m NOK
+10.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 84.11m NOK to 102.34m NOK (+21.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +5.58m NOK → +9.49m NOK (op. margin 6.6% → 9.3%). Calculated

  • ↑

    Net result improved

    Net result +4.13m NOK → +7.31m NOK (net margin 4.9% → 7.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 17.03m NOK → 21.34m NOK (equity ratio 40.7% → 46.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 5.00m NOK → 13.99m NOK (+180.1% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 41.10m NOK → 50.02m NOK (+21.7% YoY). Calculated