FirmaIQ
Org.nr 932 988 984 2019 → 2020 Year-over-year analysis

A2G VIDERE AS: årsregnskap 2020 vs 2019

Shrank 17% on revenue, stronger earnings, fresh owner capital

approved 2021-04-22; registry 2021-08-09; journal 2021 592138

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A2G VIDERE AS. Revenue 15.56m NOK → 12.91m NOK (-17.0%). Net result -2.82m NOK → -2.14m NOK. Equity 1.09m NOK → 2.21m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A2G VIDERE AS.

At a glance

Scorecard

Revenue
15.56m NOK 12.91m NOK
-17.0%
Operating result
-2.65m NOK -2.00m NOK
+24.4%
Net result
-2.82m NOK -2.14m NOK
+24.1%
Equity
1.09m NOK 2.21m NOK
+103.3%
Cash
11.27m NOK 11.19m NOK
-0.7%
Total assets
7.51m NOK 5.72m NOK
-23.8%

What improved

  • ↑

    Operating result improved

    Operating result -2.65m NOK → -2.00m NOK (op. margin -17.0% → -15.5%). Calculated

  • ↑

    Net result improved

    Net result -2.82m NOK → -2.14m NOK (net margin -18.1% → -16.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.09m NOK → 2.21m NOK (equity ratio 14.5% → 38.6%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 3.12m NOK → 6.38m NOK (+3.26m NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 8.48m NOK → 6.48m NOK (54% → 50% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 15.56m NOK to 12.91m NOK (-17.0% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 11.27m NOK → 11.19m NOK (-0.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 5.17m NOK → 4.08m NOK (-21.2% YoY). Calculated