A38 ARKITEKTER AS: årsregnskap 2020 vs 2019
Grew 13% on revenue, stronger earnings
approved 2021-05-06; registry 2021-10-09; journal 2021 793931
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A38 ARKITEKTER AS. Revenue 9.00m NOK → 10.18m NOK (+13.2%). Net result +290.8k NOK → +932.6k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for A38 ARKITEKTER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 9.00m NOK to 10.18m NOK (+13.2% YoY). Calculated
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↑
Net result improved
Net result +290.8k NOK → +932.6k NOK (net margin 3.2% → 9.2%). Calculated
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↑
Cash rose
Bank deposits 1.40m NOK → 2.35m NOK (+67.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +377.4k NOK → +193.1k NOK (op. margin 4.2% → 1.9%). Calculated
Things to notice
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·
Payroll increased
Salary cost 6.39m NOK → 7.32m NOK (71% → 72% of revenue). Calculated
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COGS fell
COGS / varekostnad 989.2k NOK → 366.2k NOK (-63.0% YoY). Calculated