Org.nr 991 449 191 2019 → 2020 Year-over-year analysis

AGLEN & SLYNGSTADLI AS: årsregnskap 2020 vs 2019

Shrank 21% on revenue, weaker earnings

approved 2021-07-05; registry 2021-07-31; journal 2021 563159

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AGLEN & SLYNGSTADLI AS. Revenue 7.08m NOK → 5.59m NOK (-21.1%). Net result +235.2k NOK → +184.9k NOK.

On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AGLEN & SLYNGSTADLI AS.

At a glance

Revenue

7.08m NOK 5.59m NOK

-21.1%

Operating result

+320.7k NOK +219.5k NOK

-31.6%

Net result

+235.2k NOK +184.9k NOK

-21.4%

Equity

n/m -32.1k NOK

—

Cash

369.6k NOK 459.3k NOK

+24.3%

Total assets

2.11m NOK 2.24m NOK

+6.5%

↓
Revenue fell

Operating income / revenue moved from 7.08m NOK to 5.59m NOK (-21.1% YoY). Calculated
↓
Operating result weakened

Operating result +320.7k NOK → +219.5k NOK (op. margin 4.5% → 3.9%). Calculated
↓
Net result weakened

Net result +235.2k NOK → +184.9k NOK (net margin 3.3% → 3.3%). Calculated

·
COGS fell

COGS / varekostnad 2.63m NOK → 2.01m NOK (-23.5% YoY). Calculated
·
Book investments changed

Investment / intangible book value 66.8k NOK → 121.5k NOK. Reported fact