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Org.nr 919 871 466 2019 → 2020 Year-over-year analysis

2TAL UTEMILJØ ANLEGGSGARTNER AS: årsregnskap 2020 vs 2019

Shrank 31% on revenue

registry 2021-10-07; journal 2021 786221

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 2TAL UTEMILJØ ANLEGGSGARTNER AS. Revenue 52.32m NOK → 36.28m NOK (-30.7%). Net result +3.92m NOK → +3.44m NOK. Equity 8.29m NOK → 8.29m NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

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

At a glance

Scorecard

Revenue
52.32m NOK 36.28m NOK
-30.7%
Operating result
+5.05m NOK +4.28m NOK
-15.2%
Net result
+3.92m NOK +3.44m NOK
-12.2%
Equity
8.29m NOK 8.29m NOK
+0.1%
Cash
5.65m NOK 6.09m NOK
+7.8%
Total assets
15.83m NOK 16.39m NOK
+3.6%

What improved

  • ↑

    Equity strengthened

    Book equity 8.29m NOK → 8.29m NOK (equity ratio 52.3% → 50.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 5.65m NOK → 6.09m NOK (+7.8% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 18.15m NOK → 11.33m NOK (35% → 31% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 52.32m NOK to 36.28m NOK (-30.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +5.05m NOK → +4.28m NOK (op. margin 9.7% → 11.8%). Calculated

  • ↓

    Net result weakened

    Net result +3.92m NOK → +3.44m NOK (net margin 7.5% → 9.5%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 22.86m NOK → 14.62m NOK (-36.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 462.9k NOK → 269.1k NOK. Reported fact