FirmaIQ
Org.nr 916 885 814 2019 → 2020 Year-over-year analysis

A JOSEFSENS EFTF AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-05-12; registry 2021-05-29; journal 2021 339173

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A JOSEFSENS EFTF AS. Revenue 3.58m NOK → 3.47m NOK (-3.1%). Net result +212.1k NOK → +258.4k NOK. Equity 996.0k NOK → 254.4k NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded.

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

At a glance

Scorecard

Revenue
3.58m NOK 3.47m NOK
-3.1%
Operating result
+278.4k NOK +355.3k NOK
+27.6%
Net result
+212.1k NOK +258.4k NOK
+21.8%
Equity
996.0k NOK 254.4k NOK
-74.5%
Cash
413.1k NOK 645.5k NOK
+56.3%
Total assets
1.95m NOK 2.12m NOK
+8.7%

What improved

  • ↑

    Operating result improved

    Operating result +278.4k NOK → +355.3k NOK (op. margin 7.8% → 10.2%). Calculated

  • ↑

    Net result improved

    Net result +212.1k NOK → +258.4k NOK (net margin 5.9% → 7.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 413.1k NOK → 645.5k NOK (+56.3% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 838.2k NOK → 692.5k NOK (23% → 20% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.58m NOK to 3.47m NOK (-3.1% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 996.0k NOK → 254.4k NOK (equity ratio 51.1% → 12.0%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.86m NOK → 1.81m NOK (-3.1% YoY). Calculated