Org.nr 977 458 412 2019 → 2020 Year-over-year analysis

A. M. VIK AS: årsregnskap 2020 vs 2019

Grew 6% on revenue, stronger earnings

approved 2021-05-31; registry 2021-07-20; journal 2021 510267

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for A. M. VIK AS. Revenue 15.38m NOK → 16.35m NOK (+6.3%). Net result +522.9k NOK → +1.11m NOK.

On the constructive side: revenue rose; net result improved; payroll decreased. Pressures included: operating result weakened.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for A. M. VIK AS.

Scorecard

Revenue
15.38m NOK 16.35m NOK
+6.3%
Operating result
+797.7k NOK +645.3k NOK
-19.1%
Net result
+522.9k NOK +1.11m NOK
+111.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 15.38m NOK to 16.35m NOK (+6.3% YoY). Calculated

  • ↑

    Net result improved

    Net result +522.9k NOK → +1.11m NOK (net margin 3.4% → 6.8%). Calculated

  • ↑

    Payroll decreased

    Salary cost 5.36m NOK → 5.18m NOK (35% → 32% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +797.7k NOK → +645.3k NOK (op. margin 5.2% → 3.9%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 6.26m NOK → 7.50m NOK (+19.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 557.9k NOK → 1.56m NOK. Reported fact