FirmaIQ
Org.nr 918 450 920 2019 → 2020 Year-over-year analysis

1593 HOLDING AS: årsregnskap 2020 vs 2019

Grew 15% on revenue, stronger earnings

approved 2021-05-30; registry 2021-09-30; journal 2021 839750

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 1593 HOLDING AS. Revenue 540.8k NOK → 620.1k NOK (+14.7%). Net result +74.0k NOK → +103.5k NOK. Equity 357.3k NOK → 460.8k 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 1593 HOLDING AS.

At a glance

Scorecard

Revenue
540.8k NOK 620.1k NOK
+14.7%
Operating result
+95.2k NOK +132.7k NOK
+39.4%
Net result
+74.0k NOK +103.5k NOK
+39.8%
Equity
357.3k NOK 460.8k NOK
+29.0%
Cash
89.2k NOK 212.3k NOK
+138.0%
Total assets
384.7k NOK 507.8k NOK
+32.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 540.8k NOK to 620.1k NOK (+14.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +95.2k NOK → +132.7k NOK (op. margin 17.6% → 21.4%). Calculated

  • ↑

    Net result improved

    Net result +74.0k NOK → +103.5k NOK (net margin 13.7% → 16.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 357.3k NOK → 460.8k NOK (equity ratio 92.9% → 90.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 89.2k NOK → 212.3k NOK (+138.0% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 429.0k NOK → 470.2k NOK (+9.6% YoY). Calculated