Org.nr 979 951 426 2019 → 2020 Year-over-year analysis

AGLEDAL MASKIN AS: årsregnskap 2020 vs 2019

Shrank 61% on revenue, weaker earnings

approved 2021-06-05; registry 2021-06-28; journal 2021 404355

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AGLEDAL MASKIN AS. Revenue 9.76m NOK → 3.78m NOK (-61.3%). Net result +4.31m NOK → +265.0k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGLEDAL MASKIN AS.

At a glance

Revenue

9.76m NOK 3.78m NOK

-61.3%

Operating result

+5.63m NOK +400.5k NOK

-92.9%

Net result

+4.31m NOK +265.0k NOK

-93.9%

↑
Payroll decreased

Salary cost 602.9k NOK → 213.2k NOK (6% → 6% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 9.76m NOK to 3.78m NOK (-61.3% YoY). Calculated
↓
Operating result weakened

Operating result +5.63m NOK → +400.5k NOK (op. margin 57.7% → 10.6%). Calculated
↓
Net result weakened

Net result +4.31m NOK → +265.0k NOK (net margin 44.2% → 7.0%). Calculated