NASDAQ OSLO ASA: årsregnskap 2020 vs 2019
Grew 26% on revenue, stronger earnings
approved 2021-06-14; registry 2021-07-26; journal 2021 535266
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for NASDAQ OSLO ASA. Revenue 89.05m NOK → 111.84m NOK (+25.6%). Net result +4.65m NOK → +21.96m NOK. Equity 76.49m NOK → 73.45m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for NASDAQ OSLO ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 89.05m NOK to 111.84m NOK (+25.6% YoY). Calculated
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Operating result improved
Operating result +7.20m NOK → +25.71m NOK (op. margin 8.1% → 23.0%). Calculated
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Net result improved
Net result +4.65m NOK → +21.96m NOK (net margin 5.2% → 19.6%). Calculated
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Cash rose
Bank deposits 75.08m NOK → 116.49m NOK (+55.2% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 76.49m NOK → 73.45m NOK (equity ratio 71.7% → 49.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 27.86m NOK → 35.26m NOK (31% → 32% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 374.0k NOK → 291.0k NOK. Reported fact