FirmaIQ
Org.nr 932 404 141 2019 → 2020 Year-over-year analysis

A MIDDELTHON AS: årsregnskap 2020 vs 2019

Grew 8% on revenue, stronger earnings, cash halved-plus

registry 2021-08-30; journal 2021 698486

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A MIDDELTHON AS. Revenue 2.89m NOK → 3.13m NOK (+8.2%). Net result +1 152 NOK → +1.47m NOK. Equity 6.41m NOK → 6.48m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

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

At a glance

Scorecard

Revenue
2.89m NOK 3.13m NOK
+8.2%
Operating result
+920.2k NOK +2.21m NOK
+140.1%
Net result
+1 152 NOK +1.47m NOK
+127752.2%
Equity
6.41m NOK 6.48m NOK
+1.1%
Cash
715.8k NOK 215.2k NOK
-69.9%
Total assets
14.82m NOK 15.11m NOK
+2.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.89m NOK to 3.13m NOK (+8.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +920.2k NOK → +2.21m NOK (op. margin 31.8% → 70.6%). Calculated

  • ↑

    Net result improved

    Net result +1 152 NOK → +1.47m NOK (net margin 0.0% → 47.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 6.41m NOK → 6.48m NOK (equity ratio 43.2% → 42.9%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 715.8k NOK → 215.2k NOK (-69.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.72m NOK → 2.45m NOK. Reported fact