FirmaIQ
Org.nr 884 337 852 2019 → 2020 Year-over-year analysis

ACTIVE INNOVATION AS: årsregnskap 2020 vs 2019

Grew 19% on revenue, stronger earnings

approved 2021-05-20; registry 2021-06-15; journal 2021 317405

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACTIVE INNOVATION AS. Revenue 1.15m NOK → 1.37m NOK (+19.0%). Net result +69.3k NOK → +99.2k NOK. Equity 1.06m NOK → 1.16m 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 ACTIVE INNOVATION AS.

At a glance

Scorecard

Revenue
1.15m NOK 1.37m NOK
+19.0%
Operating result
+93.4k NOK +136.7k NOK
+46.3%
Net result
+69.3k NOK +99.2k NOK
+43.1%
Equity
1.06m NOK 1.16m NOK
+9.3%
Cash
270.4k NOK 279.7k NOK
+3.4%
Total assets
132.5k NOK 1.31m NOK
+888.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.15m NOK to 1.37m NOK (+19.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +93.4k NOK → +136.7k NOK (op. margin 8.1% → 10.0%). Calculated

  • ↑

    Net result improved

    Net result +69.3k NOK → +99.2k NOK (net margin 6.0% → 7.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.06m NOK → 1.16m NOK (equity ratio 802.1% → 88.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 270.4k NOK → 279.7k NOK (+3.4% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 1 023 NOK → 1.20m NOK (+117372.0% YoY). Calculated