FirmaIQ
Org.nr 914 526 698 2019 → 2020 Year-over-year analysis

ADSERØ BILVERKSTED AS: årsregnskap 2020 vs 2019

Grew 7% on revenue

approved 2021-05-25; registry 2021-07-13; journal 2021 478811

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADSERØ BILVERKSTED AS. Revenue 12.93m NOK → 13.89m NOK (+7.5%). Net result +1.12m NOK → +1.32m NOK. Equity 1 107 NOK → 1.53m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADSERØ BILVERKSTED AS.

At a glance

Scorecard

Revenue
12.93m NOK 13.89m NOK
+7.5%
Operating result
+459.0k NOK +1.72m NOK
+273.8%
Net result
+1.12m NOK +1.32m NOK
+18.0%
Equity
1 107 NOK 1.53m NOK
+138200.7%
Cash
353.8k NOK 3.07m NOK
+768.6%
Total assets
4.07m NOK 5.53m NOK
+35.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.93m NOK to 13.89m NOK (+7.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +459.0k NOK → +1.72m NOK (op. margin 3.6% → 12.4%). Calculated

  • ↑

    Net result improved

    Net result +1.12m NOK → +1.32m NOK (net margin 8.7% → 9.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 1 107 NOK → 1.53m NOK (equity ratio 0.0% → 27.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 353.8k NOK → 3.07m NOK (+768.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.55m NOK → 4.16m NOK (27% → 30% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 4.46m NOK → 4.85m NOK (+8.6% YoY). Calculated