FirmaIQ
Org.nr 989 376 977 2019 → 2020 Year-over-year analysis

A. KVAM AS: årsregnskap 2020 vs 2019

Grew 6% on revenue, stronger earnings

approved 2021-06-08; registry 2021-08-03; journal 2021 573286

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A. KVAM AS. Revenue 13.28m NOK → 14.08m NOK (+6.0%). Net result +165.2k NOK → +692.5k NOK. Equity 7.57m NOK → 8.27m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for A. KVAM AS.

At a glance

Scorecard

Revenue
13.28m NOK 14.08m NOK
+6.0%
Operating result
+255.5k NOK +787.0k NOK
+208.1%
Net result
+165.2k NOK +692.5k NOK
+319.1%
Equity
7.57m NOK 8.27m NOK
+9.1%
Cash
3.12m NOK 4.37m NOK
+40.1%
Total assets
10.55m NOK 11.32m NOK
+7.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 13.28m NOK to 14.08m NOK (+6.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +255.5k NOK → +787.0k NOK (op. margin 1.9% → 5.6%). Calculated

  • ↑

    Net result improved

    Net result +165.2k NOK → +692.5k NOK (net margin 1.2% → 4.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 7.57m NOK → 8.27m NOK (equity ratio 71.8% → 73.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.12m NOK → 4.37m NOK (+40.1% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 4.77m NOK → 5.71m NOK (+19.8% YoY). Calculated