FirmaIQ
Org.nr 932 056 674 2019 → 2020 Year-over-year analysis

A. LANGKAAS & SØNN AS: årsregnskap 2020 vs 2019

Grew 6% on revenue, stronger earnings

approved 2021-04-21; registry 2021-06-08; journal 2021 267377

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A. LANGKAAS & SØNN AS. Revenue 7.20m NOK → 7.60m NOK (+5.6%). Net result +435.2k NOK → +788.1k NOK. Equity 8.43m NOK → 9.21m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
7.20m NOK 7.60m NOK
+5.6%
Operating result
+534.3k NOK +990.6k NOK
+85.4%
Net result
+435.2k NOK +788.1k NOK
+81.1%
Equity
8.43m NOK 9.21m NOK
+9.4%
Cash
3.19m NOK 4.75m NOK
+48.9%
Total assets
12.45m NOK 12.86m NOK
+3.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.20m NOK to 7.60m NOK (+5.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +534.3k NOK → +990.6k NOK (op. margin 7.4% → 13.0%). Calculated

  • ↑

    Net result improved

    Net result +435.2k NOK → +788.1k NOK (net margin 6.0% → 10.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 8.43m NOK → 9.21m NOK (equity ratio 67.7% → 71.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.19m NOK → 4.75m NOK (+48.9% YoY). Calculated