A & B JERNVARE AS: årsregnskap 2020 vs 2019
Weaker earnings
registry 2021-04-28; journal 2021 234869
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A & B JERNVARE AS. Revenue 4.29m NOK → 4.19m NOK (-2.3%). Net result +131.1k NOK → +58.4k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
4.29m NOK
4.19m NOK
-2.3%
Operating result
+171.2k NOK
+75.7k NOK
-55.8%
Net result
+131.1k NOK
+58.4k NOK
-55.5%
Equity
n/m
2.39m NOK
—
Cash
275.7k NOK
422.9k NOK
+53.4%
Total assets
3.38m NOK
3.43m NOK
+1.6%
What improved
-
↑
Cash rose
Bank deposits 275.7k NOK → 422.9k NOK (+53.4% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 4.29m NOK to 4.19m NOK (-2.3% YoY). Calculated
-
↓
Operating result weakened
Operating result +171.2k NOK → +75.7k NOK (op. margin 4.0% → 1.8%). Calculated
-
↓
Net result weakened
Net result +131.1k NOK → +58.4k NOK (net margin 3.1% → 1.4%). Calculated
-
↓
COGS moved
COGS / varekostnad 2.16m NOK → 2.21m NOK (+2.3% YoY). Calculated