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Org.nr 914 720 397 2019 → 2020 Year-over-year analysis

A KVÆRNDAL TRAFIKKSKOLE AS: årsregnskap 2020 vs 2019

Shrank 27% on revenue, slipped into loss

approved 2021-05-19; registry 2021-06-16; journal 2021 333909

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A KVÆRNDAL TRAFIKKSKOLE AS. Revenue 1.60m NOK → 1.18m NOK (-26.5%). Net result +54.6k NOK → -88.1k NOK. Equity 235.6k NOK → 11.15m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; fell into a net loss.

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

At a glance

Scorecard

Revenue
1.60m NOK 1.18m NOK
-26.5%
Operating result
+96.1k NOK -92.6k NOK
-196.4%
Net result
+54.6k NOK -88.1k NOK
-261.4%
Equity
235.6k NOK 11.15m NOK
+4630.9%
Cash
348.0k NOK 293.1k NOK
-15.8%
Total assets
1.40m NOK 1.11m NOK
-20.8%

What improved

  • ↑

    Equity strengthened

    Book equity 235.6k NOK → 11.15m NOK (equity ratio 16.9% → 1007.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.60m NOK to 1.18m NOK (-26.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +96.1k NOK → -92.6k NOK (op. margin 6.0% → -7.9%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 54.6k NOK profit to a loss of 88.1k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 348.0k NOK → 293.1k NOK (-15.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 133.3k NOK → 73.0k NOK (-45.3% YoY). Calculated