2S TILLER & NÆSS MALERSERVICE - JOMFRUSLETTFJELL HYTTESERVICE AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-09-28; registry 2021-10-02; journal 2021 842714
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 2S TILLER & NÆSS MALERSERVICE - JOMFRUSLETTFJELL HYTTESERVICE AS. Revenue 870.2k NOK → 831.6k NOK (-4.4%). Net result +4.12m NOK → +35.2k NOK. Equity 69.1k NOK → 104.4k NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 69.1k NOK → 104.4k NOK (equity ratio 74.5% → 67.6%). Calculated
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↑
Cash rose
Bank deposits 63.2k NOK → 136.6k NOK (+116.2% YoY). Calculated
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↑
Payroll decreased
Salary cost 143.2k NOK → 109.8k NOK (16% → 13% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 870.2k NOK to 831.6k NOK (-4.4% YoY). Calculated
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↓
Operating result weakened
Operating result +156.4k NOK → +51.1k NOK (op. margin 18.0% → 6.1%). Calculated
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↓
Net result weakened
Net result +4.12m NOK → +35.2k NOK (net margin 473.6% → 4.2%). Calculated
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↓
COGS moved
COGS / varekostnad 126.0k NOK → 356.9k NOK (+183.3% YoY). Calculated