FirmaIQ
Org.nr 984 918 623 2019 → 2020 Year-over-year analysis

A. ÅRDAL AS: årsregnskap 2020 vs 2019

Grew 138% on revenue, slipped into loss

approved 2021-04-08; registry 2021-06-14; journal 2021 308274

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A. ÅRDAL AS. Revenue 931.2k NOK → 2.22m NOK (+138.5%). Net result +53.0k NOK → -297.1k NOK. Equity 3.89m NOK → 3.59m NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A. ÅRDAL AS.

At a glance

Scorecard

Revenue
931.2k NOK 2.22m NOK
+138.5%
Operating result
+835.6k NOK +415.2k NOK
-50.3%
Net result
+53.0k NOK -297.1k NOK
-660.9%
Equity
3.89m NOK 3.59m NOK
-7.6%
Cash
763.2k NOK 673.4k NOK
-11.8%
Total assets
28.83m NOK 26.82m NOK
-7.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 931.2k NOK to 2.22m NOK (+138.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +835.6k NOK → +415.2k NOK (op. margin 89.7% → 18.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 53.0k NOK profit to a loss of 297.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 3.89m NOK → 3.59m NOK (equity ratio 13.5% → 13.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 763.2k NOK → 673.4k NOK (-11.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 17.64m NOK → 16.04m NOK. Reported fact