FirmaIQ
Org.nr 915 618 510 2019 → 2020 Year-over-year analysis

A. BAKKE TRANSPORT AS: årsregnskap 2020 vs 2019

Grew 10% on revenue, stronger earnings

registry 2021-07-10; journal 2021 475899

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A. BAKKE TRANSPORT AS. Revenue 5.49m NOK → 6.04m NOK (+10.0%). Net result +553.3k NOK → +864.9k NOK. Equity 2.61m NOK → 3.18m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A. BAKKE TRANSPORT AS.

At a glance

Scorecard

Revenue
5.49m NOK 6.04m NOK
+10.0%
Operating result
+443.76m NOK +1 137 NOK
-100.0%
Net result
+553.3k NOK +864.9k NOK
+56.3%
Equity
2.61m NOK 3.18m NOK
+21.6%
Cash
271.1k NOK 2.36m NOK
+770.5%
Total assets
4.06m NOK 4.92m NOK
+21.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.49m NOK to 6.04m NOK (+10.0% YoY). Calculated

  • ↑

    Net result improved

    Net result +553.3k NOK → +864.9k NOK (net margin 10.1% → 14.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.61m NOK → 3.18m NOK (equity ratio 64.4% → 64.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 271.1k NOK → 2.36m NOK (+770.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +443.76m NOK → +1 137 NOK (op. margin 8080.5% → 0.0%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 505.8k NOK → 457.0k NOK (-9.6% YoY). Calculated