A-EN AS: årsregnskap 2020 vs 2019
Grew 67% on revenue, returned to profit, cash halved-plus
approved 2021-05-27; registry 2021-05-31; journal 2021 348275
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A-EN AS. Revenue 58.5k NOK → 97.5k NOK (+66.7%). Net result -6 522 NOK → +6 833 NOK. Equity -129.0k NOK → -122.1k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A-EN AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 58.5k NOK to 97.5k NOK (+66.7% YoY). Calculated
-
↑
Operating result improved
Operating result +10.1k NOK → +25.1k NOK (op. margin 17.3% → 25.7%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 6 522 NOK to a profit of 6 833 NOK. Calculated
-
↑
Equity strengthened
Book equity -129.0k NOK → -122.1k NOK (equity ratio -27.0% → -24.9%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 8 847 NOK → 1 244 NOK (-85.9% YoY). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 0 NOK → 1 000 NOK. Reported fact