FirmaIQ
Org.nr 992 852 615 2019 → 2020 Year-over-year analysis

A. VATNE BETONGPUMPING AS: årsregnskap 2020 vs 2019

Grew 32% on revenue

approved 2021-03-16; registry 2021-04-03; journal 2021 182338

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A. VATNE BETONGPUMPING AS. Revenue 1.65m NOK → 2.18m NOK (+32.2%). Equity 11.96m NOK → 12 NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for A. VATNE BETONGPUMPING AS.

At a glance

Scorecard

Revenue
1.65m NOK 2.18m NOK
+32.2%
Net result
n/m +53.7k NOK
—
Equity
11.96m NOK 12 NOK
-100.0%
Cash
927.5k NOK 813.8k NOK
-12.3%
Total assets
1.44m NOK 1.36m NOK
-5.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.65m NOK to 2.18m NOK (+32.2% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 11.96m NOK → 12 NOK (equity ratio 830.5% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 927.5k NOK → 813.8k NOK (-12.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 3.88m NOK → 3.92m NOK (236% → 180% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 167.4k NOK → 2 400 NOK (-98.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 193.3k NOK → 113.3k NOK. Reported fact