FirmaIQ
Org.nr 977 262 968 2019 → 2020 Year-over-year analysis

A&B ELEKTRO INSTALLASJON AS: årsregnskap 2020 vs 2019

Grew 72% on revenue, stronger earnings

registry 2021-09-30; journal 2021 838908

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A&B ELEKTRO INSTALLASJON AS. Revenue 491.4k NOK → 844.2k NOK (+71.8%). Net result +186.9k NOK → +560.5k NOK. Equity 12.13m NOK → 12.69m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for A&B ELEKTRO INSTALLASJON AS.

At a glance

Scorecard

Revenue
491.4k NOK 844.2k NOK
+71.8%
Operating result
+186.9k NOK +560.4k NOK
+199.9%
Net result
+186.9k NOK +560.5k NOK
+199.9%
Equity
12.13m NOK 12.69m NOK
+4.6%
Cash
129.6k NOK 654.1k NOK
+404.5%
Total assets
316.3k NOK 911.4k NOK
+188.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 491.4k NOK to 844.2k NOK (+71.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +186.9k NOK → +560.4k NOK (op. margin 38.0% → 66.4%). Calculated

  • ↑

    Net result improved

    Net result +186.9k NOK → +560.5k NOK (net margin 38.0% → 66.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 12.13m NOK → 12.69m NOK (equity ratio 3834.6% → 1392.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 129.6k NOK → 654.1k NOK (+404.5% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 8 237 NOK → 13.4k NOK (+62.6% YoY). Calculated