FirmaIQ
Org.nr 979 623 151 2019 → 2020 Year-over-year analysis

ADVANIA FOCUS AS: årsregnskap 2020 vs 2019

Grew 12% on revenue

approved 2021-04-06; registry 2021-06-15; journal 2021 320915

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVANIA FOCUS AS. Revenue 30.34m NOK → 34.09m NOK (+12.3%). Net result +3.97m NOK → +3.69m NOK. Equity 10.53m NOK → 7.71m NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVANIA FOCUS AS.

At a glance

Scorecard

Revenue
30.34m NOK 34.09m NOK
+12.3%
Operating result
+4.66m NOK +4.58m NOK
-1.8%
Net result
+3.97m NOK +3.69m NOK
-7.2%
Equity
10.53m NOK 7.71m NOK
-26.7%
Cash
12.62m NOK 7.62m NOK
-39.7%
Total assets
19.59m NOK 14.48m NOK
-26.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 30.34m NOK to 34.09m NOK (+12.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +4.66m NOK → +4.58m NOK (op. margin 15.4% → 13.4%). Calculated

  • ↓

    Net result weakened

    Net result +3.97m NOK → +3.69m NOK (net margin 13.1% → 10.8%). Calculated

  • ↓

    Equity eroded

    Book equity 10.53m NOK → 7.71m NOK (equity ratio 53.7% → 53.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 12.62m NOK → 7.62m NOK (-39.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 11.15m NOK → 14.02m NOK (37% → 41% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 10.25m NOK → 10.87m NOK (+6.0% YoY). Calculated