FirmaIQ
Org.nr 948 234 130 2019 → 2020 Year-over-year analysis

A.L. HØYER AS: årsregnskap 2020 vs 2019

Grew 16% on revenue

approved 2021-04-09; registry 2021-04-20; journal 2021 196535

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A.L. HØYER AS. Revenue 20.12m NOK → 23.35m NOK (+16.1%). Net result +1.38m NOK → +1.32m NOK. Equity 1.52m NOK → 2.46m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened.

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

At a glance

Scorecard

Revenue
20.12m NOK 23.35m NOK
+16.1%
Operating result
+1.76m NOK +1.69m NOK
-4.0%
Net result
+1.38m NOK +1.32m NOK
-4.1%
Equity
1.52m NOK 2.46m NOK
+61.2%
Cash
3.27m NOK 4.40m NOK
+34.3%
Total assets
7.62m NOK 8.65m NOK
+13.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 20.12m NOK to 23.35m NOK (+16.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.52m NOK → 2.46m NOK (equity ratio 20.0% → 28.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.27m NOK → 4.40m NOK (+34.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.76m NOK → +1.69m NOK (op. margin 8.8% → 7.3%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 NOK → 15.95m NOK (0% → 68% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 2.09m NOK → 2.42m NOK (+16.1% YoY). Calculated