A/S ELEKTRISK PRODUKTION EIENDOMSSELSKAP: årsregnskap 2020 vs 2019
Grew 49% on revenue, stronger earnings, cash halved-plus
approved 2021-06-25; registry 2021-07-24; journal 2021 533606
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A/S ELEKTRISK PRODUKTION EIENDOMSSELSKAP. Revenue 220.2k NOK → 327.6k NOK (+48.8%). Net result +161.4k NOK → +723.3k NOK. Equity 56.73m NOK → 56.71m NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A/S ELEKTRISK PRODUKTION EIENDOMSSELSKAP.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 220.2k NOK to 327.6k NOK (+48.8% YoY). Calculated
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↑
Net result improved
Net result +161.4k NOK → +723.3k NOK (net margin 73.3% → 220.8%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -215.0k NOK → -495.5k NOK (op. margin -97.7% → -151.2%). Calculated
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↓
Equity eroded
Book equity 56.73m NOK → 56.71m NOK (equity ratio 91.9% → 91.9%). Calculated
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↓
Cash fell
Bank deposits 13.03m NOK → 6.07m NOK (-53.4% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 45.7k NOK → 30.6k NOK (-33.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 31.38m NOK → 92.7k NOK. Reported fact