A PEDERSEN & SØNN LASTEBILTRANSPORT AS: årsregnskap 2020 vs 2019
Shrank 22% on revenue, returned to profit
approved 2021-05-31; registry 2021-08-02; journal 2021 568172
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A PEDERSEN & SØNN LASTEBILTRANSPORT AS. Revenue 110.10m NOK → 85.92m NOK (-22.0%). Net result -7.26m NOK → +3.97m NOK.
On the constructive side: operating result improved; turned profitable; cash rose. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A PEDERSEN & SØNN LASTEBILTRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -5.46m NOK → +4.22m NOK (op. margin -5.0% → 4.9%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 7.26m NOK to a profit of 3.97m NOK. Calculated
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↑
Cash rose
Bank deposits 2.21m NOK → 4.71m NOK (+112.8% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 110.10m NOK to 85.92m NOK (-22.0% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 9.53m NOK → 2.09m NOK (-78.0% YoY). Calculated