FirmaIQ
Org.nr 812 676 342 2019 → 2020 Year-over-year analysis

A HILLING AS: årsregnskap 2020 vs 2019

Grew 5% on revenue, stronger earnings

approved 2021-05-07; registry 2021-09-30; journal 2021 760411

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A HILLING AS. Revenue 38.20m NOK → 40.24m NOK (+5.4%). Net result +919.8k NOK → +2.31m NOK. Equity 6.94m NOK → 8.25m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A HILLING AS.

At a glance

Scorecard

Revenue
38.20m NOK 40.24m NOK
+5.4%
Operating result
+1.08m NOK +2.68m NOK
+148.1%
Net result
+919.8k NOK +2.31m NOK
+151.0%
Equity
6.94m NOK 8.25m NOK
+18.9%
Cash
2.89m NOK 4.15m NOK
+43.6%
Total assets
9.75m NOK 11.93m NOK
+22.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 38.20m NOK to 40.24m NOK (+5.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.08m NOK → +2.68m NOK (op. margin 2.8% → 6.7%). Calculated

  • ↑

    Net result improved

    Net result +919.8k NOK → +2.31m NOK (net margin 2.4% → 5.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 6.94m NOK → 8.25m NOK (equity ratio 71.2% → 69.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.89m NOK → 4.15m NOK (+43.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.85m NOK → 4.01m NOK (10% → 10% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 31.10m NOK → 31.45m NOK (+1.1% YoY). Calculated