FirmaIQ
Org.nr 988 591 637 2019 → 2020 Year-over-year analysis

A MARKUSSEN HOLDING AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-08-30; registry 2021-10-26; journal 2021 859150

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A MARKUSSEN HOLDING AS. Revenue 1.22m NOK → 1.17m NOK (-4.7%). Net result +15.91m NOK → +11.14m NOK. Equity 39.82m NOK → 47.46m NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

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

At a glance

Scorecard

Revenue
1.22m NOK 1.17m NOK
-4.7%
Operating result
+836.4k NOK +826.7k NOK
-1.2%
Net result
+15.91m NOK +11.14m NOK
-30.0%
Equity
39.82m NOK 47.46m NOK
+19.2%
Cash
7.87m NOK 19.06m NOK
+142.1%
Total assets
63.86m NOK 72.24m NOK
+13.1%

What improved

  • ↑

    Equity strengthened

    Book equity 39.82m NOK → 47.46m NOK (equity ratio 62.4% → 65.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 7.87m NOK → 19.06m NOK (+142.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 37.65m NOK → 14.24m NOK (3076% → 1221% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.22m NOK to 1.17m NOK (-4.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +836.4k NOK → +826.7k NOK (op. margin 68.3% → 70.9%). Calculated

  • ↓

    Net result weakened

    Net result +15.91m NOK → +11.14m NOK (net margin 1299.7% → 954.7%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 36.08m NOK → 622.0k NOK (-98.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 500.0k NOK → 1 000 NOK. Reported fact