A.O. EIDE MASKINENTREPRENØR AS: årsregnskap 2020 vs 2019
Grew 25% on revenue, stronger earnings
approved 2021-05-26; registry 2021-05-29; journal 2021 341205
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A.O. EIDE MASKINENTREPRENØR AS. Revenue 5.25m NOK → 6.53m NOK (+24.6%). Net result +6 860 NOK → +3.93m NOK.
On the constructive side: revenue rose; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for A.O. EIDE MASKINENTREPRENØR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.25m NOK to 6.53m NOK (+24.6% YoY). Calculated
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↑
Net result improved
Net result +6 860 NOK → +3.93m NOK (net margin 0.1% → 60.1%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 608.6k NOK → 393.6k NOK (-35.3% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 2.34m NOK → 2.38m NOK (45% → 36% of revenue). Calculated
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COGS moved
COGS / varekostnad 597.3k NOK → 603.5k NOK (+1.0% YoY). Calculated
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Book investments changed
Investment / intangible book value 145.8k NOK → 185.4k NOK. Reported fact