FirmaIQ
Org.nr 938 106 827 2019 → 2020 Year-over-year analysis

A L Høyer Askim AS: årsregnskap 2020 vs 2019

Grew 10% on revenue

registry 2021-07-14; journal 2021 484228

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A L Høyer Askim AS. Revenue 8.38m NOK → 9.18m NOK (+9.5%). Net result +165.2k NOK → +133.8k NOK. Equity 1.54m NOK → 1.07m NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

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

At a glance

Scorecard

Revenue
8.38m NOK 9.18m NOK
+9.5%
Operating result
+212.3k NOK +156.0k NOK
-26.5%
Net result
+165.2k NOK +133.8k NOK
-19.0%
Equity
1.54m NOK 1.07m NOK
-30.3%
Cash
2.08m NOK 2.07m NOK
-0.4%
Total assets
3.16m NOK 3.43m NOK
+8.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.38m NOK to 9.18m NOK (+9.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +212.3k NOK → +156.0k NOK (op. margin 2.5% → 1.7%). Calculated

  • ↓

    Net result weakened

    Net result +165.2k NOK → +133.8k NOK (net margin 2.0% → 1.5%). Calculated

  • ↓

    Equity eroded

    Book equity 1.54m NOK → 1.07m NOK (equity ratio 48.7% → 31.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.08m NOK → 2.07m NOK (-0.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 6.46m NOK → 7.23m NOK (77% → 79% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 337.4k NOK → 449.3k NOK (+33.1% YoY). Calculated