A ULVESETH AS: årsregnskap 2020 vs 2019
Grew 7% on revenue, stronger earnings
approved 2021-05-06; registry 2021-06-12; journal 2021 292766
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A ULVESETH AS. Revenue 2.92m NOK → 3.13m NOK (+6.9%). Net result +341.4k NOK → +581.7k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
2.92m NOK
3.13m NOK
+6.9%
Operating result
+571.3k NOK
+871.8k NOK
+52.6%
Net result
+341.4k NOK
+581.7k NOK
+70.4%
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.92m NOK to 3.13m NOK (+6.9% YoY). Calculated
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↑
Operating result improved
Operating result +571.3k NOK → +871.8k NOK (op. margin 19.5% → 27.9%). Calculated
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↑
Net result improved
Net result +341.4k NOK → +581.7k NOK (net margin 11.7% → 18.6%). Calculated
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↑
Payroll decreased
Salary cost 1.43m NOK → 1.41m NOK (49% → 45% of revenue). Calculated