FirmaIQ
Org.nr 993 807 117 2019 → 2020 Year-over-year analysis

1ELEKTRIKER AS: årsregnskap 2020 vs 2019

Grew 57% on revenue, stronger earnings

approved 2021-06-30; registry 2021-10-27; journal 2021 878398

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 1ELEKTRIKER AS. Revenue 488.6k NOK → 767.4k NOK (+57.1%). Net result +113.6k NOK → +169.3k NOK. Equity 13.23m NOK → 399.5k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
488.6k NOK 767.4k NOK
+57.1%
Operating result
+113.4k NOK +169.1k NOK
+49.1%
Net result
+113.6k NOK +169.3k NOK
+49.0%
Equity
13.23m NOK 399.5k NOK
-97.0%
Cash
125.5k NOK 496.5k NOK
+295.5%
Total assets
258.1k NOK 564.1k NOK
+118.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 488.6k NOK to 767.4k NOK (+57.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +113.4k NOK → +169.1k NOK (op. margin 23.2% → 22.0%). Calculated

  • ↑

    Net result improved

    Net result +113.6k NOK → +169.3k NOK (net margin 23.3% → 22.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 125.5k NOK → 496.5k NOK (+295.5% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 13.23m NOK → 399.5k NOK (equity ratio 5125.9% → 70.8%). Calculated