FirmaIQ
Org.nr 921 156 790 2019 → 2020 Year-over-year analysis

A FINSTAD CAD AS: årsregnskap 2020 vs 2019

Grew 15% on revenue, weaker earnings

approved 2021-05-11; registry 2021-05-15; journal 2021 288798

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A FINSTAD CAD AS. Revenue 653.8k NOK → 754.7k NOK (+15.4%). Net result -3 301 NOK → -44.2k NOK. Equity 105.7k NOK → 61.5k NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
653.8k NOK 754.7k NOK
+15.4%
Operating result
-4 250 NOK -56.8k NOK
-1237.4%
Net result
-3 301 NOK -44.2k NOK
-1240.5%
Equity
105.7k NOK 61.5k NOK
-41.9%
Cash
151.6k NOK 90.3k NOK
-40.4%
Total assets
211.6k NOK 207.2k NOK
-2.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 653.8k NOK to 754.7k NOK (+15.4% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.56m NOK → 672.9k NOK (239% → 89% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -4 250 NOK → -56.8k NOK (op. margin -0.7% → -7.5%). Calculated

  • ↓

    Net result weakened

    Net result -3 301 NOK → -44.2k NOK (net margin -0.5% → -5.9%). Calculated

  • ↓

    Equity eroded

    Book equity 105.7k NOK → 61.5k NOK (equity ratio 50.0% → 29.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 151.6k NOK → 90.3k NOK (-40.4% YoY). Calculated