FirmaIQ
Org.nr 919 871 466 2018 → 2019 Year-over-year analysis

2TAL UTEMILJØ ANLEGGSGARTNER AS: årsregnskap 2019 vs 2018

Grew 53% on revenue, stronger earnings, fresh owner capital

approved 2020-08-25; registry 2020-09-26; journal 2020 855513

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 2TAL UTEMILJØ ANLEGGSGARTNER AS. Revenue 34.29m NOK → 52.32m NOK (+52.6%). Net result +3.19m NOK → +3.92m NOK. Equity 3.21m NOK → 8.29m NOK.

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

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for 2TAL UTEMILJØ ANLEGGSGARTNER AS.

At a glance

Scorecard

Revenue
34.29m NOK 52.32m NOK
+52.6%
Operating result
+4.33m NOK +5.05m NOK
+16.6%
Net result
+3.19m NOK +3.92m NOK
+23.0%
Equity
3.21m NOK 8.29m NOK
+158.3%
Cash
2.13m NOK 5.65m NOK
+165.1%
Total assets
11.20m NOK 15.83m NOK
+41.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 34.29m NOK to 52.32m NOK (+52.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +4.33m NOK → +5.05m NOK (op. margin 12.6% → 9.7%). Calculated

  • ↑

    Net result improved

    Net result +3.19m NOK → +3.92m NOK (net margin 9.3% → 7.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.21m NOK → 8.29m NOK (equity ratio 28.6% → 52.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.13m NOK → 5.65m NOK (+165.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 14.1k NOK → 18.15m NOK (0% → 35% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 10.6k NOK → 22.86m NOK (+215565.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 425.2k NOK → 462.9k NOK. Reported fact