FirmaIQ
Org.nr 976 252 756 2019 → 2020 Year-over-year analysis

A HØNSEN SJÅFØRSKOLE AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-06-01; registry 2021-06-22; journal 2021 387068

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A HØNSEN SJÅFØRSKOLE AS. Revenue 14.27m NOK → 14.66m NOK (+2.8%). Net result +1.90m NOK → +1.36m NOK. Equity 7.19m NOK → 8.35m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

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

At a glance

Scorecard

Revenue
14.27m NOK 14.66m NOK
+2.8%
Operating result
+2.45m NOK +1.74m NOK
-29.0%
Net result
+1.90m NOK +1.36m NOK
-28.5%
Equity
7.19m NOK 8.35m NOK
+16.1%
Cash
2.59m NOK 4.83m NOK
+86.7%
Total assets
9.79m NOK 10.64m NOK
+8.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 14.27m NOK to 14.66m NOK (+2.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 7.19m NOK → 8.35m NOK (equity ratio 73.5% → 78.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.59m NOK → 4.83m NOK (+86.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +2.45m NOK → +1.74m NOK (op. margin 17.1% → 11.8%). Calculated

  • ↓

    Net result weakened

    Net result +1.90m NOK → +1.36m NOK (net margin 13.3% → 9.3%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.18m NOK → 3.28m NOK (22% → 22% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 2.95m NOK → 2.75m NOK (-6.7% YoY). Calculated