AB LIFTUTLEIE AS: årsregnskap 2020 vs 2019
Grew 37% on revenue, returned to profit
approved 2021-08-31; registry 2021-10-20; journal 2021 839770
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AB LIFTUTLEIE AS. Revenue 2.90m NOK → 3.99m NOK (+37.5%). Net result -654.3k NOK → +748.6k NOK. Equity 2.98m NOK → 3.73m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for AB LIFTUTLEIE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.90m NOK to 3.99m NOK (+37.5% YoY). Calculated
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Operating result improved
Operating result -783.9k NOK → +968.3k NOK (op. margin -27.0% → 24.3%). Calculated
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Turned profitable
Net result flipped from a loss of 654.3k NOK to a profit of 748.6k NOK. Calculated
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Equity strengthened
Book equity 2.98m NOK → 3.73m NOK (equity ratio 74.7% → 70.8%). Calculated
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Payroll decreased
Salary cost 1.25m NOK → 1.07m NOK (43% → 27% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 799.7k NOK → 523.4k NOK (-34.5% YoY). Calculated
Things to notice
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COGS moved
COGS / varekostnad -18.8k NOK → 51.0k NOK (+371.9% YoY). Calculated