FirmaIQ
Org.nr 913 864 581 2019 → 2020 Year-over-year analysis

A-TEAM TRAFIKKSKOLE AS: årsregnskap 2020 vs 2019

Grew 50% on revenue, stronger earnings

approved 2021-08-10; registry 2021-08-23; journal 2021 665176

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A-TEAM TRAFIKKSKOLE AS. Revenue 3.07m NOK → 4.60m NOK (+49.8%). Net result +15.3k NOK → +276.9k NOK. Equity 10.14m NOK → 11.41m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A-TEAM TRAFIKKSKOLE AS.

At a glance

Scorecard

Revenue
3.07m NOK 4.60m NOK
+49.8%
Operating result
+90.5k NOK +445.7k NOK
+392.6%
Net result
+15.3k NOK +276.9k NOK
+1712.0%
Equity
10.14m NOK 11.41m NOK
+12.6%
Cash
329.3k NOK 850.1k NOK
+158.1%
Total assets
2.22m NOK 3.00m NOK
+34.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.07m NOK to 4.60m NOK (+49.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +90.5k NOK → +445.7k NOK (op. margin 2.9% → 9.7%). Calculated

  • ↑

    Net result improved

    Net result +15.3k NOK → +276.9k NOK (net margin 0.5% → 6.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 10.14m NOK → 11.41m NOK (equity ratio 456.2% → 381.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 329.3k NOK → 850.1k NOK (+158.1% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.57× → 0.17× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 216.4k NOK → 62.1k NOK (-71.3% YoY). Calculated