FirmaIQ
Org.nr 917 103 801 2019 → 2020 Year-over-year analysis

Veidekke ASA: årsregnskap 2020 vs 2019

Grew 89374% on revenue, stronger earnings

approved 2021-03-24; registry 2021-04-21; journal 2021 200051

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for Veidekke ASA. Revenue 114.0k NOK → 102.00m NOK (+89373.7%). Net result +646.0k NOK → +2.92m NOK. Equity 2.14bn NOK → 1.23bn NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for Veidekke ASA.

At a glance

Scorecard

Revenue
114.0k NOK 102.00m NOK
+89373.7%
Operating result
-135.00m NOK -120.00m NOK
+11.1%
Net result
+646.0k NOK +2.92m NOK
+352.2%
Equity
2.14bn NOK 1.23bn NOK
-42.4%
Cash
67.00m NOK 1.85bn NOK
+2655.2%
Total assets
5.41bn NOK 5.98bn NOK
+10.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 114.0k NOK to 102.00m NOK (+89373.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -135.00m NOK → -120.00m NOK (op. margin -118421.1% → -117.6%). Calculated

  • ↑

    Net result improved

    Net result +646.0k NOK → +2.92m NOK (net margin 566.7% → 2.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 67.00m NOK → 1.85bn NOK (+2655.2% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 10.10bn NOK → 11.12m NOK (8861404% → 11% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.14bn NOK → 1.23bn NOK (equity ratio 39.6% → 20.6%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 3.46bn NOK → 3.01bn NOK. Reported fact