FirmaIQ
Org.nr 994 415 093 2019 → 2020 Year-over-year analysis

A-TEC AS: årsregnskap 2020 vs 2019

Grew 21% on revenue, stronger earnings

approved 2021-05-07; registry 2021-06-12; journal 2021 287418

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A-TEC AS. Revenue 31.22m NOK → 37.75m NOK (+20.9%). Net result +3.83m NOK → +7.79m NOK. Equity 17.07m NOK → 21.02m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

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

At a glance

Scorecard

Revenue
31.22m NOK 37.75m NOK
+20.9%
Operating result
+4.71m NOK +9.51m NOK
+101.8%
Net result
+3.83m NOK +7.79m NOK
+103.2%
Equity
17.07m NOK 21.02m NOK
+23.2%
Cash
4.06m NOK 6.24m NOK
+53.6%
Total assets
26.79m NOK 34.75m NOK
+29.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 31.22m NOK to 37.75m NOK (+20.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +4.71m NOK → +9.51m NOK (op. margin 15.1% → 25.2%). Calculated

  • ↑

    Net result improved

    Net result +3.83m NOK → +7.79m NOK (net margin 12.3% → 20.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 17.07m NOK → 21.02m NOK (equity ratio 63.7% → 60.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 4.06m NOK → 6.24m NOK (+53.6% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 6.13m NOK → 4.78m NOK (-22.0% YoY). Calculated