A-Å ELEKTRO AS: årsregnskap 2020 vs 2019
Grew 27% on revenue, stronger earnings
registry 2021-04-13; journal 2021 187775
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A-Å ELEKTRO AS. Revenue 3.81m NOK → 4.85m NOK (+27.2%). Net result +103.2k NOK → +127.7k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for A-Å ELEKTRO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.81m NOK to 4.85m NOK (+27.2% YoY). Calculated
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↑
Operating result improved
Operating result +133.0k NOK → +167.1k NOK (op. margin 3.5% → 3.4%). Calculated
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↑
Net result improved
Net result +103.2k NOK → +127.7k NOK (net margin 2.7% → 2.6%). Calculated
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↑
Cash rose
Bank deposits 308.7k NOK → 366.2k NOK (+18.6% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.32× → 0.83× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 1.58m NOK → 1.96m NOK (+24.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 762.4k NOK → 11.8k NOK. Reported fact