FirmaIQ
Org.nr 947 535 560 2019 → 2020 Year-over-year analysis

A. Vikhagen AS: årsregnskap 2020 vs 2019

Shrank 22% on revenue, slipped into loss

registry 2021-06-14; journal 2021 421475

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A. Vikhagen AS. Revenue 2.03m NOK → 1.57m NOK (-22.4%). Net result +244.7k NOK → -55.7k NOK. Equity 1.28m NOK → 1.22m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.03m NOK 1.57m NOK
-22.4%
Operating result
+310.0k NOK -73.6k NOK
-123.7%
Net result
+244.7k NOK -55.7k NOK
-122.8%
Equity
1.28m NOK 1.22m NOK
-4.4%
Cash
1 179 NOK 1.05m NOK
+89266.4%
Total assets
1.63m NOK 1.50m NOK
-7.9%

What improved

  • ↑

    Cash rose

    Bank deposits 1 179 NOK → 1.05m NOK (+89266.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.03m NOK to 1.57m NOK (-22.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +310.0k NOK → -73.6k NOK (op. margin 15.3% → -4.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 244.7k NOK profit to a loss of 55.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.28m NOK → 1.22m NOK (equity ratio 78.1% → 81.1%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.09m NOK → 2.89m NOK (54% → 184% of revenue). Calculated