ABC-COMPANY E-SKUVLA AS: årsregnskap 2020 vs 2019
Grew 24% on revenue
approved 2021-09-17; registry 2021-10-21; journal 2021 845620
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABC-COMPANY E-SKUVLA AS. Revenue 5.17m NOK → 6.42m NOK (+24.2%). Net result +120.3k NOK → +139.6k NOK. Equity 1.60m NOK → 1.74m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ABC-COMPANY E-SKUVLA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.17m NOK to 6.42m NOK (+24.2% YoY). Calculated
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↑
Net result improved
Net result +120.3k NOK → +139.6k NOK (net margin 2.3% → 2.2%). Calculated
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↑
Equity strengthened
Book equity 1.60m NOK → 1.74m NOK (equity ratio 38.2% → 17.0%). Calculated
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↑
Cash rose
Bank deposits 161.0k NOK → 525.1k NOK (+226.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +298.9k NOK → +235.2k NOK (op. margin 5.8% → 3.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.12m NOK → 3.98m NOK (41% → 62% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 2 500 NOK → 32.5k NOK. Reported fact