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Org.nr 851 668 292 2019 → 2020 Year-over-year analysis

A SANDBERG AS: årsregnskap 2020 vs 2019

Shrank 10% on revenue, weaker earnings

approved 2021-09-03; registry 2021-10-06; journal 2021 781729

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A SANDBERG AS. Revenue 45.90m NOK → 41.15m NOK (-10.4%). Net result +610.2k NOK → +366.3k NOK. Equity 3.50m NOK → 3.87m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A SANDBERG AS.

At a glance

Scorecard

Revenue
45.90m NOK 41.15m NOK
-10.4%
Operating result
+807.2k NOK +501.5k NOK
-37.9%
Net result
+610.2k NOK +366.3k NOK
-40.0%
Equity
3.50m NOK 3.87m NOK
+10.5%
Cash
3.34m NOK 4.56m NOK
+36.5%
Total assets
5.87m NOK 7.02m NOK
+19.6%

What improved

  • ↑

    Equity strengthened

    Book equity 3.50m NOK → 3.87m NOK (equity ratio 59.6% → 55.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.34m NOK → 4.56m NOK (+36.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 45.90m NOK to 41.15m NOK (-10.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +807.2k NOK → +501.5k NOK (op. margin 1.8% → 1.2%). Calculated

  • ↓

    Net result weakened

    Net result +610.2k NOK → +366.3k NOK (net margin 1.3% → 0.9%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 3.56m NOK → 3.93m NOK (8% → 10% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 38.14m NOK → 33.35m NOK (-12.6% YoY). Calculated