FirmaIQ
Org.nr 897 941 732 2019 → 2020 Year-over-year analysis

A. KOLSTAD HOLDING AS: årsregnskap 2020 vs 2019

Shrank 21% on revenue

approved 2021-08-26; registry 2021-10-20; journal 2021 840040

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A. KOLSTAD HOLDING AS. Revenue 677.3k NOK → 532.0k NOK (-21.5%). Net result +38.4k NOK → +37.8k NOK. Equity 55.0k NOK → 92.8k NOK.

On the constructive side: operating result improved; equity strengthened; current ratio back above 1×. Pressures included: revenue fell; cash fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
677.3k NOK 532.0k NOK
-21.5%
Operating result
+25.8k NOK +47.5k NOK
+84.0%
Net result
+38.4k NOK +37.8k NOK
-1.5%
Equity
55.0k NOK 92.8k NOK
+68.8%
Cash
188.8k NOK 121.7k NOK
-35.6%
Total assets
269.6k NOK 215.0k NOK
-20.3%

What improved

  • ↑

    Operating result improved

    Operating result +25.8k NOK → +47.5k NOK (op. margin 3.8% → 8.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 55.0k NOK → 92.8k NOK (equity ratio 20.4% → 43.2%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.89× → 1.11×. Calculated

  • ↑

    Payroll decreased

    Salary cost 584.3k NOK → 436.8k NOK (86% → 82% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 677.3k NOK to 532.0k NOK (-21.5% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 188.8k NOK → 121.7k NOK (-35.6% YoY). Calculated