Org.nr 841 564 812 2019 → 2020 Year-over-year analysis

A KARLSEN & SØNN AS: årsregnskap 2020 vs 2019

Grew 25% on revenue

approved 2021-02-18; registry 2021-02-22; journal 2021 121191

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A KARLSEN & SØNN AS. Revenue 3.70m NOK → 4.62m NOK (+24.9%). Net result +792.1k NOK → +765.2k NOK.

On the constructive side: revenue rose; cash rose; current ratio back above 1×.

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

At a glance

Revenue

3.70m NOK 4.62m NOK

+24.9%

Operating result

n/m +978.2k NOK

—

Net result

+792.1k NOK +765.2k NOK

-3.4%

Equity

n/m 1.55m NOK

—

Cash

89.8k NOK 1.13m NOK

+1164.5%

Total assets

2.90m NOK 2.70m NOK

-6.8%

↑
Revenue rose

Operating income / revenue moved from 3.70m NOK to 4.62m NOK (+24.9% YoY). Calculated
↑
Cash rose

Bank deposits 89.8k NOK → 1.13m NOK (+1164.5% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.30× → 2.08×. Calculated

·
Payroll increased

Salary cost 1 NOK → 813.3k NOK (0% → 18% of revenue). Calculated
·
COGS moved

COGS / varekostnad 36.9k NOK → 1.81m NOK (+4805.8% YoY). Calculated