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Org.nr 939 284 699 2019 → 2020 Year-over-year analysis

A PAULSEN & SØNNER AS: årsregnskap 2020 vs 2019

Shrank 21% on revenue, slipped into loss

approved 2021-04-22; registry 2021-05-15; journal 2021 227722

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A PAULSEN & SØNNER AS. Revenue 11.68m NOK → 9.18m NOK (-21.4%). Net result +678.6k NOK → -8 245 NOK. Equity 1.90m NOK → 1.89m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A PAULSEN & SØNNER AS.

At a glance

Scorecard

Revenue
11.68m NOK 9.18m NOK
-21.4%
Operating result
+724.8k NOK +28.4k NOK
-96.1%
Net result
+678.6k NOK -8 245 NOK
-101.2%
Equity
1.90m NOK 1.89m NOK
-0.4%
Cash
32.4k NOK 931.9k NOK
+2777.0%
Total assets
4.31m NOK 3.57m NOK
-17.1%

What improved

  • ↑

    Cash rose

    Bank deposits 32.4k NOK → 931.9k NOK (+2777.0% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.44m NOK → 2.00m NOK (21% → 22% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 11.68m NOK to 9.18m NOK (-21.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +724.8k NOK → +28.4k NOK (op. margin 6.2% → 0.3%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 678.6k NOK profit to a loss of 8 245 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.90m NOK → 1.89m NOK (equity ratio 44.1% → 52.9%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.23m NOK → 2.18m NOK (-32.6% YoY). Calculated