Org.nr 922 061 238 2019 → 2020 Year-over-year analysis

A. HESKESTAD AS: årsregnskap 2020 vs 2019

Shrank 92% on revenue, returned to profit

registry 2021-05-01; journal 2021 246125

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for A. HESKESTAD AS. Revenue 967.2k NOK → 77.1k NOK (-92.0%). Net result -894 NOK → +21 NOK.

On the constructive side: operating result improved; turned profitable; payroll decreased. Pressures included: revenue fell; cash fell; cogs moved.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
967.2k NOK 77.1k NOK
-92.0%
Operating result
-1 011 NOK +24.1k NOK
+2479.4%
Net result
-894 NOK +21 NOK
+102.3%
Equity
n/m 23.6k NOK
—
Cash
73.4k NOK 66.5k NOK
-9.4%
Total assets
185.3k NOK n/m
—

What improved

  • ↑

    Operating result improved

    Operating result -1 011 NOK → +24.1k NOK (op. margin -0.1% → 31.2%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 894 NOK to a profit of 21 NOK. Calculated

  • ↑

    Payroll decreased

    Salary cost 5557.56bn NOK → 4 NOK (574609674% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 967.2k NOK to 77.1k NOK (-92.0% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 73.4k NOK → 66.5k NOK (-9.4% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 118.4k NOK → 125.5k NOK (+6.0% YoY). Calculated