A.O. STENLEGGEREN AS: årsregnskap 2020 vs 2019
Grew 19% on revenue, stronger earnings, cash halved-plus
registry 2021-09-11; journal 2021 745501
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A.O. STENLEGGEREN AS. Revenue 4.93m NOK → 5.89m NOK (+19.4%). Net result +116.8k NOK → +460.0k NOK. Equity 281.1k NOK → 641.1k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for A.O. STENLEGGEREN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 4.93m NOK to 5.89m NOK (+19.4% YoY). Calculated
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Operating result improved
Operating result +151.9k NOK → +591.9k NOK (op. margin 3.1% → 10.0%). Calculated
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Net result improved
Net result +116.8k NOK → +460.0k NOK (net margin 2.4% → 7.8%). Calculated
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Equity strengthened
Book equity 281.1k NOK → 641.1k NOK (equity ratio 14.8% → 45.6%). Calculated
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Payroll decreased
Salary cost 2.11m NOK → 2.00m NOK (43% → 34% of revenue). Calculated
What deteriorated
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Cash fell
Bank deposits 925.8k NOK → 153.2k NOK (-83.4% YoY). Calculated
Things to notice
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COGS moved
COGS / varekostnad 1.55m NOK → 1.85m NOK (+19.6% YoY). Calculated
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Book investments changed
Investment / intangible book value 425.4k NOK → 442.9k NOK. Reported fact