A G KJØSTVEDT AS: årsregnskap 2020 vs 2019
Weaker earnings
registry 2021-07-01; journal 2021 507257
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A G KJØSTVEDT AS. Revenue 4.77m NOK → 4.79m NOK (+0.5%). Net result -14.1k NOK → -235.6k NOK. Equity 1.38m NOK → 1.14m NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for A G KJØSTVEDT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.77m NOK to 4.79m NOK (+0.5% YoY). Calculated
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↑
Cash rose
Bank deposits 961.4k NOK → 972.3k NOK (+1.1% YoY). Calculated
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↑
Payroll decreased
Salary cost 2.23m NOK → 2.12m NOK (47% → 44% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +23.1k NOK → -216.4k NOK (op. margin 0.5% → -4.5%). Calculated
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↓
Net result weakened
Net result -14.1k NOK → -235.6k NOK (net margin -0.3% → -4.9%). Calculated
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↓
Equity eroded
Book equity 1.38m NOK → 1.14m NOK (equity ratio 36.4% → 31.4%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 1.43m NOK → 1.44m NOK (+0.4% YoY). Calculated