FirmaIQ
Org.nr 917 170 401 2019 → 2020 Year-over-year analysis

A G VIGEMYR AS: årsregnskap 2020 vs 2019

Grew 32% on revenue, stronger earnings

approved 2021-03-23; registry 2021-10-12; journal 2021 802434

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A G VIGEMYR AS. Revenue 32.31m NOK → 42.73m NOK (+32.2%). Net result +2.53m NOK → +3.75m NOK. Equity 16.25m NOK → 19.40m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for A G VIGEMYR AS.

At a glance

Scorecard

Revenue
32.31m NOK 42.73m NOK
+32.2%
Operating result
+1.76m NOK +3.46m NOK
+96.2%
Net result
+2.53m NOK +3.75m NOK
+48.4%
Equity
16.25m NOK 19.40m NOK
+19.4%
Cash
3.60m NOK 5.61m NOK
+55.8%
Total assets
19.89m NOK 23.84m NOK
+19.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 32.31m NOK to 42.73m NOK (+32.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.76m NOK → +3.46m NOK (op. margin 5.5% → 8.1%). Calculated

  • ↑

    Net result improved

    Net result +2.53m NOK → +3.75m NOK (net margin 7.8% → 8.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 16.25m NOK → 19.40m NOK (equity ratio 81.7% → 81.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.60m NOK → 5.61m NOK (+55.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.07m NOK → 3.19m NOK (9% → 7% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 25.09m NOK → 33.77m NOK (+34.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 3.63m NOK → 4.51m NOK. Reported fact