Org.nr 919 738 596 2019 → 2020 Year-over-year analysis

AHSCO MASKIN AS: årsregnskap 2020 vs 2019

Grew 6% on revenue, stronger earnings, cash halved-plus

approved 2021-06-29; registry 2021-07-21; journal 2021 519130

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AHSCO MASKIN AS. Revenue 11.84m NOK → 12.57m NOK (+6.2%). Net result +32.2k NOK → +621.8k NOK. Equity 33.58m NOK → 34.20m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Net constructive year on the published lines.

Scorecard

Revenue
11.84m NOK 12.57m NOK
+6.2%
Operating result
+41.1k NOK +797.1k NOK
+1837.9%
Net result
+32.2k NOK +621.8k NOK
+1828.4%
Equity
33.58m NOK 34.20m NOK
+1.9%
Cash
952.5k NOK 179.9k NOK
-81.1%
Total assets
36.64m NOK 37.47m NOK
+2.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 11.84m NOK to 12.57m NOK (+6.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +41.1k NOK → +797.1k NOK (op. margin 0.3% → 6.3%). Calculated

  • ↑

    Net result improved

    Net result +32.2k NOK → +621.8k NOK (net margin 0.3% → 4.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 33.58m NOK → 34.20m NOK (equity ratio 91.6% → 91.3%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 952.5k NOK → 179.9k NOK (-81.1% YoY). Calculated