A.J. FISHING NORWAY AS: årsregnskap 2020 vs 2019
Grew 24% on revenue, stronger earnings
approved 2021-09-06; registry 2021-09-25; journal 2021 807840
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A.J. FISHING NORWAY AS. Revenue 304.9k NOK → 377.2k NOK (+23.7%). Net result +1 003 NOK → +47.1k NOK. Equity 54.4k NOK → 4.10m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for A.J. FISHING NORWAY AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 304.9k NOK to 377.2k NOK (+23.7% YoY). Calculated
-
↑
Operating result improved
Operating result -3 951 NOK → +21.8k NOK (op. margin -1.3% → 5.8%). Calculated
-
↑
Net result improved
Net result +1 003 NOK → +47.1k NOK (net margin 0.3% → 12.5%). Calculated
-
↑
Equity strengthened
Book equity 54.4k NOK → 4.10m NOK (equity ratio 53.3% → 2295.6%). Calculated
-
↑
Cash rose
Bank deposits 163.2k NOK → 807.2k NOK (+394.5% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 300.3k NOK → 338.6k NOK (99% → 90% of revenue). Calculated