Org.nr 996 164 748 2019 → 2020 Year-over-year analysis

4SERVICE LANDANLEGG AS: årsregnskap 2020 vs 2019

Weaker earnings, cash halved-plus

registry 2021-10-27; journal 2021 879280

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 4SERVICE LANDANLEGG AS. Revenue 2.30bn NOK → 2.23bn NOK (-2.9%). Net result +25.44m NOK → +10.44m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4SERVICE LANDANLEGG AS.

At a glance

Revenue

2.30bn NOK 2.23bn NOK

-2.9%

Operating result

+32.39m NOK +13.36m NOK

-58.8%

Net result

+25.44m NOK +10.44m NOK

-59.0%

Cash

35.2k NOK -306 NOK

-100.9%

Total assets

112.73m NOK 90.30m NOK

-19.9%

↑
Payroll decreased

Salary cost 97.34m NOK → 88.08m NOK (4% → 4% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.30bn NOK to 2.23bn NOK (-2.9% YoY). Calculated
↓
Operating result weakened

Operating result +32.39m NOK → +13.36m NOK (op. margin 1.4% → 0.6%). Calculated
↓
Net result weakened

Net result +25.44m NOK → +10.44m NOK (net margin 1.1% → 0.5%). Calculated
↓
Cash fell

Bank deposits 35.2k NOK → -306 NOK (-100.9% YoY). Calculated

·
COGS fell

COGS / varekostnad 113.52m NOK → 93.74m NOK (-17.4% YoY). Calculated