A/S Spilka Industri: årsregnskap 2020 vs 2019
Grew 15% on revenue, returned to profit, cash halved-plus
approved 2021-05-10; registry 2021-07-06; journal 2021 448763
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A/S Spilka Industri. Revenue 106.39m NOK → 122.16m NOK (+14.8%). Net result -7.51m NOK → +2.03m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for A/S Spilka Industri.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 106.39m NOK to 122.16m NOK (+14.8% YoY). Calculated
-
↑
Operating result improved
Operating result -8.98m NOK → +5.43m NOK (op. margin -8.4% → 4.4%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 7.51m NOK to a profit of 2.03m NOK. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 4.41m NOK → 1.98m NOK (-55.2% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 53.32m NOK → 54.55m NOK (+2.3% YoY). Calculated