FirmaIQ
Org.nr 835 000 702 2019 → 2020 Year-over-year analysis

A MARKUSSEN AS: årsregnskap 2020 vs 2019

Grew 21% on revenue, stronger earnings

registry 2021-09-29; journal 2021 752857

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A MARKUSSEN AS. Revenue 64.47m NOK → 78.12m NOK (+21.2%). Net result +910.1k NOK → +4.54m NOK. Equity 9.77m NOK → 10.75m NOK.

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

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for A MARKUSSEN AS.

At a glance

Scorecard

Revenue
64.47m NOK 78.12m NOK
+21.2%
Operating result
+1.30m NOK +5.82m NOK
+349.1%
Net result
+910.1k NOK +4.54m NOK
+398.9%
Equity
9.77m NOK 10.75m NOK
+10.1%
Cash
4.00m NOK 4.14m NOK
+3.4%
Total assets
20.60m NOK 32.85m NOK
+59.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 64.47m NOK to 78.12m NOK (+21.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.30m NOK → +5.82m NOK (op. margin 2.0% → 7.5%). Calculated

  • ↑

    Net result improved

    Net result +910.1k NOK → +4.54m NOK (net margin 1.4% → 5.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 9.77m NOK → 10.75m NOK (equity ratio 47.4% → 32.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 4.00m NOK → 4.14m NOK (+3.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 16.60m NOK → 17.73m NOK (26% → 23% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 34.80m NOK → 36.06m NOK (+3.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 464.4k NOK → 498.3k NOK. Reported fact