Org.nr 865 626 002 2019 → 2020 Year-over-year analysis

A JENSERUD & SØNN AS: årsregnskap 2020 vs 2019

Shrank 23% on revenue

approved 2021-03-11; registry 2021-03-22; journal 2021 159942

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A JENSERUD & SØNN AS. Revenue 25.09m NOK → 19.39m NOK (-22.7%). Equity 6.52m NOK → 6.80m NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell.

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

At a glance

Revenue

25.09m NOK 19.39m NOK

-22.7%

Operating result

n/m +2.56m NOK

—

Net result

n/m +1.98m NOK

—

Equity

6.52m NOK 6.80m NOK

+4.3%

Cash

5.48m NOK 6.78m NOK

+23.8%

Total assets

11.43m NOK 12.37m NOK

+8.3%

↑
Equity strengthened

Book equity 6.52m NOK → 6.80m NOK (equity ratio 57.0% → 55.0%). Calculated
↑
Cash rose

Bank deposits 5.48m NOK → 6.78m NOK (+23.8% YoY). Calculated
↑
Payroll decreased

Salary cost 5.85m NOK → 4.89m NOK (23% → 25% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 25.09m NOK to 19.39m NOK (-22.7% YoY). Calculated

·
COGS fell

COGS / varekostnad 15.66m NOK → 10.30m NOK (-34.2% YoY). Calculated