FirmaIQ
Org.nr 913 018 516 2019 → 2020 Year-over-year analysis

A. STORHAUG AS: årsregnskap 2020 vs 2019

Grew 32% on revenue, stronger earnings

approved 2021-05-10; registry 2021-06-12; journal 2021 286412

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A. STORHAUG AS. Revenue 27.43m NOK → 36.17m NOK (+31.9%). Net result +2.46m NOK → +3.72m NOK.

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

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for A. STORHAUG AS.

At a glance

Scorecard

Revenue
27.43m NOK 36.17m NOK
+31.9%
Operating result
+3.04m NOK +4.96m NOK
+63.2%
Net result
+2.46m NOK +3.72m NOK
+51.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 27.43m NOK to 36.17m NOK (+31.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.04m NOK → +4.96m NOK (op. margin 11.1% → 13.7%). Calculated

  • ↑

    Net result improved

    Net result +2.46m NOK → +3.72m NOK (net margin 9.0% → 10.3%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 5.49m NOK → 7.40m NOK (20% → 20% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 94.0k NOK → 1.75m NOK (+1760.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 809.3k NOK → 229.2k NOK. Reported fact