FirmaIQ
Org.nr 984 032 773 2019 → 2020 Year-over-year analysis

EVERTIND ASA: årsregnskap 2020 vs 2019

Shrank 9% on revenue, stronger earnings

approved 2021-05-20; registry 2021-11-18; journal 2021 897874

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for EVERTIND ASA. Revenue 4.03m NOK → 3.68m NOK (-8.8%). Net result +15.59m NOK → +21.86m NOK. Equity 48.87m NOK → 51.46m NOK.

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

Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for EVERTIND ASA.

At a glance

Scorecard

Revenue
4.03m NOK 3.68m NOK
-8.8%
Operating result
-45.3k NOK -1.66m NOK
-3566.3%
Net result
+15.59m NOK +21.86m NOK
+40.2%
Equity
48.87m NOK 51.46m NOK
+5.3%
Cash
114 NOK 254.1k NOK
+222827.2%
Total assets
71.18m NOK 67.50m NOK
-5.2%

What improved

  • ↑

    Net result improved

    Net result +15.59m NOK → +21.86m NOK (net margin 386.6% → 594.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 48.87m NOK → 51.46m NOK (equity ratio 68.7% → 76.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 114 NOK → 254.1k NOK (+222827.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.03m NOK to 3.68m NOK (-8.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -45.3k NOK → -1.66m NOK (op. margin -1.1% → -45.2%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 29.41m NOK → 25.47m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 248.1k NOK → 1 269 NOK (-99.5% YoY). Calculated