A&A ENTREPRENØR AS: årsregnskap 2020 vs 2019
Grew 389% on revenue, weaker earnings
approved 2021-02-25; registry 2021-03-22; journal 2021 161874
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A&A ENTREPRENØR AS. Revenue 260.7k NOK → 1.27m NOK (+388.8%). Net result +128.1k NOK → +39.4k NOK. Equity -44.0k NOK → -4 673 NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for A&A ENTREPRENØR AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 260.7k NOK to 1.27m NOK (+388.8% YoY). Calculated
-
↑
Equity strengthened
Book equity -44.0k NOK → -4 673 NOK (equity ratio -12.3% → -1.2%). Calculated
-
↑
Cash rose
Bank deposits 78.6k NOK → 167.5k NOK (+113.1% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +127.8k NOK → +39.4k NOK (op. margin 49.0% → 3.1%). Calculated
-
↓
Net result weakened
Net result +128.1k NOK → +39.4k NOK (net margin 49.1% → 3.1%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 1 195 NOK → 1.04m NOK (0% → 81% of revenue). Calculated