ACTIVE ELEKTRO AS: årsregnskap 2020 vs 2019
Stronger earnings
approved 2021-03-24; registry 2021-05-15; journal 2021 228934
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACTIVE ELEKTRO AS. Revenue 22.09m NOK → 23.02m NOK (+4.2%). Net result +1 279 NOK → +1.18m NOK. Equity 2.35m NOK → 2.44m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for ACTIVE ELEKTRO AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 22.09m NOK to 23.02m NOK (+4.2% YoY). Calculated
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Operating result improved
Operating result +504.4k NOK → +1.44m NOK (op. margin 2.3% → 6.3%). Calculated
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Net result improved
Net result +1 279 NOK → +1.18m NOK (net margin 0.0% → 5.1%). Calculated
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Equity strengthened
Book equity 2.35m NOK → 2.44m NOK (equity ratio 39.8% → 33.4%). Calculated
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Cash rose
Bank deposits 587.0k NOK → 1.75m NOK (+198.2% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 1.00m NOK → 887.5k NOK — check capital reduction, conversion, or reclassification. Interpretation
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Payroll increased
Salary cost 9.59m NOK → 9.85m NOK (43% → 43% of revenue). Calculated
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COGS moved
COGS / varekostnad 6.87m NOK → 8.13m NOK (+18.3% YoY). Calculated