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Org.nr 947 569 155 2019 → 2020 Year-over-year analysis

A. Lohne Gullsmedforretning A/S: årsregnskap 2020 vs 2019

Shrank 5% on revenue, stronger earnings

registry 2021-06-14; journal 2021 306364

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A. Lohne Gullsmedforretning A/S. Revenue 10.51m NOK → 9.94m NOK (-5.4%). Net result +866.4k NOK → +1.21m NOK. Equity 4.90m NOK → 5.70m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A. Lohne Gullsmedforretning A/S.

At a glance

Scorecard

Revenue
10.51m NOK 9.94m NOK
-5.4%
Net result
+866.4k NOK +1.21m NOK
+39.4%
Equity
4.90m NOK 5.70m NOK
+16.5%
Cash
3.43m NOK 3.60m NOK
+4.7%
Total assets
7.66m NOK 8.40m NOK
+9.6%

What improved

  • ↑

    Net result improved

    Net result +866.4k NOK → +1.21m NOK (net margin 8.2% → 12.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.90m NOK → 5.70m NOK (equity ratio 63.9% → 67.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.43m NOK → 3.60m NOK (+4.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.75m NOK → 2.18m NOK (26% → 22% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 10.51m NOK to 9.94m NOK (-5.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 5.19m NOK → 4.89m NOK (-5.8% YoY). Calculated