A E TUFTE AS: årsregnskap 2020 vs 2019
Shrank 17% on revenue, weaker earnings
approved 2021-05-31; registry 2021-09-23; journal 2021 794473
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A E TUFTE AS. Revenue 626.0k NOK → 516.9k NOK (-17.4%). Net result +372.4k NOK → +250.7k NOK. Equity 3.64m NOK → 3.89m NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +141.8k NOK → +257.9k NOK (op. margin 22.7% → 49.9%). Calculated
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↑
Equity strengthened
Book equity 3.64m NOK → 3.89m NOK (equity ratio 73.3% → 78.0%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 626.0k NOK to 516.9k NOK (-17.4% YoY). Calculated
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↓
Net result weakened
Net result +372.4k NOK → +250.7k NOK (net margin 59.5% → 48.5%). Calculated
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↓
Cash fell
Bank deposits 1.58m NOK → 1.56m NOK (-1.1% YoY). Calculated