FirmaIQ
Org.nr 964 217 890 2019 → 2020 Year-over-year analysis

A PEDERSEN-MJAANES AS: årsregnskap 2020 vs 2019

Grew 5% on revenue, weaker earnings

approved 2021-03-14; registry 2021-03-18; journal 2021 156211

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A PEDERSEN-MJAANES AS. Revenue 3.89m NOK → 4.09m NOK (+5.1%). Net result +365.5k NOK → +72.6k NOK. Equity 2.13m NOK → 2.20m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for A PEDERSEN-MJAANES AS.

At a glance

Scorecard

Revenue
3.89m NOK 4.09m NOK
+5.1%
Operating result
+457.0k NOK +87.0k NOK
-81.0%
Net result
+365.5k NOK +72.6k NOK
-80.1%
Equity
2.13m NOK 2.20m NOK
+3.4%
Cash
2.59m NOK 2.30m NOK
-11.4%
Total assets
3.17m NOK 2.80m NOK
-11.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.89m NOK to 4.09m NOK (+5.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 2.13m NOK → 2.20m NOK (equity ratio 67.1% → 78.6%). Calculated

  • ↑

    Payroll decreased

    Salary cost 643.7k NOK → 1 NOK (17% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +457.0k NOK → +87.0k NOK (op. margin 11.8% → 2.1%). Calculated

  • ↓

    Net result weakened

    Net result +365.5k NOK → +72.6k NOK (net margin 9.4% → 1.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.59m NOK → 2.30m NOK (-11.4% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 2.46m NOK → 2.63m NOK (+6.9% YoY). Calculated