FirmaIQ
Org.nr 920 335 756 2019 → 2020 Year-over-year analysis

A TVETE AS: årsregnskap 2020 vs 2019

Shrank 85% on revenue, stronger earnings

registry 2021-04-21; journal 2021 214848

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A TVETE AS. Revenue 975.3k NOK → 144.6k NOK (-85.2%). Net result +122.4k NOK → +336.2k NOK. Equity 260.3k NOK → 596.5k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
975.3k NOK 144.6k NOK
-85.2%
Operating result
+156.6k NOK +430.9k NOK
+175.2%
Net result
+122.4k NOK +336.2k NOK
+174.7%
Equity
260.3k NOK 596.5k NOK
+129.2%
Cash
415.4k NOK 727.4k NOK
+75.1%
Total assets
415.4k NOK 802.6k NOK
+93.2%

What improved

  • ↑

    Operating result improved

    Operating result +156.6k NOK → +430.9k NOK (op. margin 16.1% → 298.0%). Calculated

  • ↑

    Net result improved

    Net result +122.4k NOK → +336.2k NOK (net margin 12.5% → 232.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 260.3k NOK → 596.5k NOK (equity ratio 62.7% → 74.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 415.4k NOK → 727.4k NOK (+75.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 789.2k NOK → 668.2k NOK (81% → 462% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 975.3k NOK to 144.6k NOK (-85.2% YoY). Calculated