Org.nr 947 606 239 2019 → 2020 Year-over-year analysis

A/S Longvafisk: årsregnskap 2020 vs 2019

A steady year on the published lines

approved 2021-03-01; registry 2021-03-13; journal 2021 143751

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for A/S Longvafisk. Revenue 16.28m NOK → 15.77m NOK (-3.2%). Equity 323.5k NOK → 538.7k NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A/S Longvafisk.

Scorecard

Revenue
16.28m NOK 15.77m NOK
-3.2%
Operating result
n/m +248.6k NOK
—
Net result
n/m +215.2k NOK
—
Equity
323.5k NOK 538.7k NOK
+66.5%
Cash
87.2k NOK 161.6k NOK
+85.3%
Total assets
2.48m NOK 2.35m NOK
-4.9%

What improved

  • ↑

    Equity strengthened

    Book equity 323.5k NOK → 538.7k NOK (equity ratio 13.1% → 22.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 87.2k NOK → 161.6k NOK (+85.3% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.13m NOK → 1.72m NOK (13% → 11% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 16.28m NOK to 15.77m NOK (-3.2% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 13.03m NOK → 12.61m NOK (-3.2% YoY). Calculated