A BILUTLEIE AS: årsregnskap 2020 vs 2019
Grew 42% on revenue, stronger earnings
approved 2021-08-31; registry 2021-10-02; journal 2021 841904
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A BILUTLEIE AS. Revenue 2.25m NOK → 3.21m NOK (+42.5%). Net result +19.4k NOK → +36.9k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A BILUTLEIE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.25m NOK to 3.21m NOK (+42.5% YoY). Calculated
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↑
Net result improved
Net result +19.4k NOK → +36.9k NOK (net margin 0.9% → 1.2%). Calculated
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↑
Cash rose
Bank deposits 128.1k NOK → 143.3k NOK (+11.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +258.9k NOK → +176.2k NOK (op. margin 11.5% → 5.5%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 783.2k NOK → 412.6k NOK (-47.3% YoY). Calculated