A O BAKKE SAG & HØVLERI AS: årsregnskap 2020 vs 2019
Grew 9% on revenue, stronger earnings
approved 2021-08-24; registry 2021-09-28; journal 2021 748543
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A O BAKKE SAG & HØVLERI AS. Revenue 30.96m NOK → 33.81m NOK (+9.2%). Net result +1.73m NOK → +2.62m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for A O BAKKE SAG & HØVLERI AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 30.96m NOK to 33.81m NOK (+9.2% YoY). Calculated
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↑
Operating result improved
Operating result +2.25m NOK → +3.40m NOK (op. margin 7.3% → 10.1%). Calculated
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↑
Net result improved
Net result +1.73m NOK → +2.62m NOK (net margin 5.6% → 7.8%). Calculated
Things to notice
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·
Payroll increased
Salary cost 3.09m NOK → 4.49m NOK (10% → 13% of revenue). Calculated
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COGS fell
COGS / varekostnad 24.64m NOK → 23.92m NOK (-2.9% YoY). Calculated