A/S Audax: årsregnskap 2020 vs 2019
Grew 39% on revenue, stronger earnings
approved 2021-02-01; registry 2021-03-17; journal 2021 153905
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A/S Audax. Revenue 175.6k NOK → 244.9k NOK (+39.4%). Net result +143.4k NOK → +199.1k NOK. Equity 1.77m NOK → 1.97m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 175.6k NOK to 244.9k NOK (+39.4% YoY). Calculated
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↑
Operating result improved
Operating result +142.6k NOK → +201.3k NOK (op. margin 81.2% → 82.2%). Calculated
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Net result improved
Net result +143.4k NOK → +199.1k NOK (net margin 81.7% → 81.3%). Calculated
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↑
Equity strengthened
Book equity 1.77m NOK → 1.97m NOK (equity ratio 229.5% → 202.9%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 206.5k NOK → 194.9k NOK (-5.6% YoY). Calculated