A.L. MASKIN AS: årsregnskap 2020 vs 2019
Grew 37% on revenue, stronger earnings
approved 2021-06-25; registry 2021-08-12; journal 2021 626286
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A.L. MASKIN AS. Revenue 1.82m NOK → 2.49m NOK (+37.3%). Net result +54.0k NOK → +188.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for A.L. MASKIN AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.82m NOK to 2.49m NOK (+37.3% YoY). Calculated
-
↑
Operating result improved
Operating result +110.2k NOK → +291.2k NOK (op. margin 6.1% → 11.7%). Calculated
-
↑
Net result improved
Net result +54.0k NOK → +188.6k NOK (net margin 3.0% → 7.6%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 686.7k NOK → 960.5k NOK (38% → 39% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 136.7k NOK → 42.1k NOK (-69.2% YoY). Calculated