FirmaIQ
Org.nr 946 003 557 2019 → 2020 Year-over-year analysis

A/S Kvikk: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-02-22; registry 2021-03-01; journal 2021 129856

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A/S Kvikk. Revenue 196.8k NOK → 201.6k NOK (+2.4%). Net result +49.4k NOK → +2.11m NOK. Equity 725.4k NOK → 833.4k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
196.8k NOK 201.6k NOK
+2.4%
Operating result
+80.0k NOK +151.1k NOK
+88.9%
Net result
+49.4k NOK +2.11m NOK
+4167.6%
Equity
725.4k NOK 833.4k NOK
+14.9%
Cash
85.6k NOK 111.0k NOK
+29.7%
Total assets
1.40m NOK 1.44m NOK
+2.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 196.8k NOK to 201.6k NOK (+2.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +80.0k NOK → +151.1k NOK (op. margin 40.6% → 74.9%). Calculated

  • ↑

    Net result improved

    Net result +49.4k NOK → +2.11m NOK (net margin 25.1% → 1045.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 725.4k NOK → 833.4k NOK (equity ratio 51.6% → 57.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 85.6k NOK → 111.0k NOK (+29.7% YoY). Calculated