A H VASBOTN AS: årsregnskap 2020 vs 2019
Grew 7% on revenue, stronger earnings
registry 2021-09-11; journal 2021 690702
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A H VASBOTN AS. Revenue 2.68m NOK → 2.85m NOK (+6.5%). Net result +34.2k NOK → +99.7k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for A H VASBOTN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.68m NOK to 2.85m NOK (+6.5% YoY). Calculated
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Operating result improved
Operating result +56.1k NOK → +151.9k NOK (op. margin 2.1% → 5.3%). Calculated
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Net result improved
Net result +34.2k NOK → +99.7k NOK (net margin 1.3% → 3.5%). Calculated
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Payroll decreased
Salary cost 900.0k NOK → 751.5k NOK (34% → 26% of revenue). Calculated
Things to notice
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COGS moved
COGS / varekostnad 1.23m NOK → 1.44m NOK (+17.5% YoY). Calculated