FirmaIQ
Org.nr 921 313 721 2019 → 2020 Year-over-year analysis

A/S MERKURGÅRDEN: årsregnskap 2020 vs 2019

Cash halved-plus

approved 2021-06-20; registry 2021-07-22; journal 2021 525084

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A/S MERKURGÅRDEN. Revenue 14.55m NOK → 14.84m NOK (+2.0%). Net result +3.90m NOK → +3.89m NOK. Equity 11.85m NOK → 13.04m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A/S MERKURGÅRDEN.

At a glance

Scorecard

Revenue
14.55m NOK 14.84m NOK
+2.0%
Operating result
+4.94m NOK +4.98m NOK
+0.9%
Net result
+3.90m NOK +3.89m NOK
-0.3%
Equity
11.85m NOK 13.04m NOK
+10.1%
Cash
12.49m NOK 6.10m NOK
-51.2%
Total assets
25.09m NOK 25.87m NOK
+3.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 14.55m NOK to 14.84m NOK (+2.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +4.94m NOK → +4.98m NOK (op. margin 33.9% → 33.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 11.85m NOK → 13.04m NOK (equity ratio 47.2% → 50.4%). Calculated

  • ↑

    Payroll decreased

    Salary cost 5.85m NOK → 5.69m NOK (40% → 38% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 12.49m NOK → 6.10m NOK (-51.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 321.7k NOK → 5.84m NOK. Reported fact