FirmaIQ
Org.nr 997 887 107 2019 → 2020 Year-over-year analysis

A & S COMPOSITT AS: årsregnskap 2020 vs 2019

Shrank 5% on revenue, stronger earnings

registry 2021-05-29; journal 2021 343691

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A & S COMPOSITT AS. Revenue 1.07m NOK → 1.02m NOK (-5.1%). Net result +24.0k NOK → +122.8k NOK. Equity 61.7k NOK → 40.0k NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; cogs moved.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
1.07m NOK 1.02m NOK
-5.1%
Operating result
+32.9k NOK +159.9k NOK
+386.5%
Net result
+24.0k NOK +122.8k NOK
+412.3%
Equity
61.7k NOK 40.0k NOK
-35.2%
Cash
132.6k NOK 215.1k NOK
+62.1%
Total assets
203.8k NOK 323.6k NOK
+58.8%

What improved

  • ↑

    Operating result improved

    Operating result +32.9k NOK → +159.9k NOK (op. margin 3.1% → 15.7%). Calculated

  • ↑

    Net result improved

    Net result +24.0k NOK → +122.8k NOK (net margin 2.2% → 12.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 132.6k NOK → 215.1k NOK (+62.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 759.1k NOK → 612.5k NOK (71% → 60% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.07m NOK to 1.02m NOK (-5.1% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 61.7k NOK → 40.0k NOK (equity ratio 30.3% → 12.4%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 168.1k NOK → 177.9k NOK (+5.8% YoY). Calculated