Org.nr 968 390 821 2019 → 2020 Year-over-year analysis

A24A GROUP AS: årsregnskap 2020 vs 2019

Shrank 47% on revenue, cash halved-plus

approved 2021-01-10; registry 2021-04-17; journal 2021 193171

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for A24A GROUP AS. Revenue 202.8k NOK → 106.8k NOK (-47.3%). Net result +9 402 NOK → +10.2k NOK. Equity 609.4k NOK → 619.6k NOK.

On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A24A GROUP AS.

Scorecard

Revenue
202.8k NOK 106.8k NOK
-47.3%
Operating result
+12.0k NOK +13.0k NOK
+8.2%
Net result
+9 402 NOK +10.2k NOK
+8.1%
Equity
609.4k NOK 619.6k NOK
+1.7%
Cash
409.5k NOK 148.7k NOK
-63.7%
Total assets
663.0k NOK 648.7k NOK
-2.2%

What improved

  • ↑

    Operating result improved

    Operating result +12.0k NOK → +13.0k NOK (op. margin 5.9% → 12.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 609.4k NOK → 619.6k NOK (equity ratio 91.9% → 95.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 202.8k NOK to 106.8k NOK (-47.3% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 409.5k NOK → 148.7k NOK (-63.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 296.7k NOK → 500.0k NOK. Reported fact