Org.nr 960 894 022 2019 → 2020 Year-over-year analysis

A PEDERSEN & SØNN AS: årsregnskap 2020 vs 2019

Returned to profit

approved 2021-05-31; registry 2021-09-14; journal 2021 705130

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A PEDERSEN & SØNN AS. Revenue 19.47m NOK → 18.51m NOK (-4.9%). Net result -7.78m NOK → +7.40m NOK.

On the constructive side: operating result improved; turned profitable; cash rose. Pressures included: revenue fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A PEDERSEN & SØNN AS.

At a glance

Revenue

19.47m NOK 18.51m NOK

-4.9%

Operating result

+2.75m NOK +5.82m NOK

+111.6%

Net result

-7.78m NOK +7.40m NOK

+195.1%

Cash

90 NOK 2 820 NOK

+3033.3%

Total assets

65.42m NOK 61.65m NOK

-5.8%

↑
Operating result improved

Operating result +2.75m NOK → +5.82m NOK (op. margin 14.1% → 31.4%). Calculated
↑
Turned profitable

Net result flipped from a loss of 7.78m NOK to a profit of 7.40m NOK. Calculated
↑
Cash rose

Bank deposits 90 NOK → 2 820 NOK (+3033.3% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 19.47m NOK to 18.51m NOK (-4.9% YoY). Calculated

·
COGS fell

COGS / varekostnad 497.7k NOK → 13.4k NOK (-97.3% YoY). Calculated
·
Book investments changed

Investment / intangible book value 275.7k NOK → 331.2k NOK. Reported fact