AGENTUR ROALD KVERNELAND AS: årsregnskap 2020 vs 2019
Grew 83% on revenue, weaker earnings, cash halved-plus
approved 2021-06-17; registry 2021-06-21; journal 2021 455361
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGENTUR ROALD KVERNELAND AS. Revenue 2.83m NOK → 5.18m NOK (+83.1%). Net result +967.9k NOK → +173.0k NOK. Equity 2.92m NOK → 3.09m NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for AGENTUR ROALD KVERNELAND AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.83m NOK to 5.18m NOK (+83.1% YoY). Calculated
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↑
Equity strengthened
Book equity 2.92m NOK → 3.09m NOK (equity ratio 79.2% → 77.7%). Calculated
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↑
Payroll decreased
Salary cost 571.4k NOK → 338.9k NOK (20% → 7% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +963.5k NOK → +179.5k NOK (op. margin 34.0% → 3.5%). Calculated
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↓
Net result weakened
Net result +967.9k NOK → +173.0k NOK (net margin 34.2% → 3.3%). Calculated
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↓
Cash fell
Bank deposits 864.5k NOK → 202.6k NOK (-76.6% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 2.26m NOK → 3.72m NOK (+64.2% YoY). Calculated