FirmaIQ
Org.nr 913 519 248 2019 → 2020 Year-over-year analysis

A1 PROPERTY AS: årsregnskap 2020 vs 2019

Grew 70% on revenue, stronger earnings

registry 2021-09-30; journal 2021 754121

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A1 PROPERTY AS. Revenue 2.42m NOK → 4.11m NOK (+70.0%). Net result +64.5k NOK → +6.38m NOK. Equity 883.7k NOK → 1.26m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for A1 PROPERTY AS.

At a glance

Scorecard

Revenue
2.42m NOK 4.11m NOK
+70.0%
Operating result
+1.61m NOK +2.45m NOK
+52.0%
Net result
+64.5k NOK +6.38m NOK
+9791.8%
Equity
883.7k NOK 1.26m NOK
+42.7%
Cash
104.6k NOK 134.4k NOK
+28.5%
Total assets
43.16m NOK 45.60m NOK
+5.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.42m NOK to 4.11m NOK (+70.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.61m NOK → +2.45m NOK (op. margin 66.8% → 59.7%). Calculated

  • ↑

    Net result improved

    Net result +64.5k NOK → +6.38m NOK (net margin 2.7% → 155.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 883.7k NOK → 1.26m NOK (equity ratio 2.0% → 2.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 104.6k NOK → 134.4k NOK (+28.5% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 170.0k NOK → 345.5k NOK (+103.2% YoY). Calculated