FirmaIQ
Org.nr 998 076 803 2019 → 2020 Year-over-year analysis

A. JENSEN AS: årsregnskap 2020 vs 2019

Returned to profit

approved 2021-05-18; registry 2021-05-22; journal 2021 309480

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A. JENSEN AS. Revenue 3.23m NOK → 3.28m NOK (+1.5%). Net result -1.08m NOK → +7.58m NOK. Equity -111.5k NOK → 470.4k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A. JENSEN AS.

At a glance

Scorecard

Revenue
3.23m NOK 3.28m NOK
+1.5%
Operating result
-1.11m NOK +664.6k NOK
+160.1%
Net result
-1.08m NOK +7.58m NOK
+800.6%
Equity
-111.5k NOK 470.4k NOK
+521.7%
Cash
1.21m NOK 1.12m NOK
-7.1%
Total assets
4.70m NOK 4.41m NOK
-6.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.23m NOK to 3.28m NOK (+1.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1.11m NOK → +664.6k NOK (op. margin -34.2% → 20.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.08m NOK to a profit of 7.58m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -111.5k NOK → 470.4k NOK (equity ratio -2.4% → 10.7%). Calculated

  • ↑

    Payroll decreased

    Salary cost 683.1k NOK → 477.9k NOK (21% → 15% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 1.21m NOK → 1.12m NOK (-7.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 48.1k NOK → 20.7k NOK (-57.0% YoY). Calculated