A LANGSET AS: årsregnskap 2020 vs 2019
Grew 33% on revenue, stronger earnings
approved 2021-05-26; registry 2021-05-29; journal 2021 345199
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A LANGSET AS. Revenue 1.72m NOK → 2.28m NOK (+32.9%). Net result +397.9k NOK → +960.1k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A LANGSET AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.72m NOK to 2.28m NOK (+32.9% YoY). Calculated
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↑
Net result improved
Net result +397.9k NOK → +960.1k NOK (net margin 23.2% → 42.1%). Calculated
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Cash rose
Bank deposits 18.5k NOK → 59.7k NOK (+221.7% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.17× → 1.03×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +417.3k NOK → +398.8k NOK (op. margin 24.3% → 17.5%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 5.18m NOK → 8.44m NOK. Reported fact