2TAL ELEKTRO AS: årsregnskap 2019 vs 2018
Grew 16% on revenue, stronger earnings
approved 2020-06-29; registry 2020-07-13; journal 2020 566555
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 2TAL ELEKTRO AS. Revenue 18.73m NOK → 21.72m NOK (+15.9%). Net result +705.6k NOK → +2.52m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 2TAL ELEKTRO AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 18.73m NOK to 21.72m NOK (+15.9% YoY). Calculated
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↑
Operating result improved
Operating result +2 192 NOK → +3.19m NOK (op. margin 0.0% → 14.7%). Calculated
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↑
Net result improved
Net result +705.6k NOK → +2.52m NOK (net margin 3.8% → 11.6%). Calculated
Things to notice
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·
Payroll increased
Salary cost 6.51m NOK → 7.34m NOK (35% → 34% of revenue). Calculated
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COGS moved
COGS / varekostnad 7.62m NOK → 8.81m NOK (+15.6% YoY). Calculated