FirmaIQ
Org.nr 989 041 312 2019 → 2020 Year-over-year analysis

A REME AS: årsregnskap 2020 vs 2019

Shrank 85% on revenue, weaker earnings

registry 2021-09-16; journal 2021 715332

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A REME AS. Revenue 17.22m NOK → 2.62m NOK (-84.8%). Net result +17.07m NOK → +1.93m NOK. Equity 34.61m NOK → 33.05m NOK.

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

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

At a glance

Scorecard

Revenue
17.22m NOK 2.62m NOK
-84.8%
Operating result
+16.82m NOK +1.92m NOK
-88.6%
Net result
+17.07m NOK +1.93m NOK
-88.7%
Equity
34.61m NOK 33.05m NOK
-4.5%
Cash
675.8k NOK 1.62m NOK
+139.3%
Total assets
40.20m NOK 38.58m NOK
-4.0%

What improved

  • ↑

    Cash rose

    Bank deposits 675.8k NOK → 1.62m NOK (+139.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 17.22m NOK to 2.62m NOK (-84.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +16.82m NOK → +1.92m NOK (op. margin 97.7% → 73.2%). Calculated

  • ↓

    Net result weakened

    Net result +17.07m NOK → +1.93m NOK (net margin 99.2% → 73.7%). Calculated

  • ↓

    Equity eroded

    Book equity 34.61m NOK → 33.05m NOK (equity ratio 86.1% → 85.7%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 22.95m NOK → 37.4k NOK. Reported fact