FirmaIQ
Org.nr 911 286 602 2019 → 2020 Year-over-year analysis

A EGGEN AS: årsregnskap 2020 vs 2019

Grew 9% on revenue, stronger earnings

approved 2021-02-28; registry 2021-03-25; journal 2021 165927

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A EGGEN AS. Revenue 11.90m NOK → 12.91m NOK (+8.5%). Net result +681.5k NOK → +1.21m NOK. Equity 2.94m NOK → 2.65m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for A EGGEN AS.

At a glance

Scorecard

Revenue
11.90m NOK 12.91m NOK
+8.5%
Operating result
+869.0k NOK +1.55m NOK
+78.7%
Net result
+681.5k NOK +1.21m NOK
+78.2%
Equity
2.94m NOK 2.65m NOK
-9.7%
Cash
2.03m NOK 2.75m NOK
+35.8%
Total assets
5.72m NOK 5.93m NOK
+3.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 11.90m NOK to 12.91m NOK (+8.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +869.0k NOK → +1.55m NOK (op. margin 7.3% → 12.0%). Calculated

  • ↑

    Net result improved

    Net result +681.5k NOK → +1.21m NOK (net margin 5.7% → 9.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.03m NOK → 2.75m NOK (+35.8% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.01m NOK → 2.61m NOK (25% → 20% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.94m NOK → 2.65m NOK (equity ratio 51.4% → 44.7%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 6.36m NOK → 7.04m NOK (+10.7% YoY). Calculated