FirmaIQ
Org.nr 993 381 276 2019 → 2020 Year-over-year analysis

ADVANTAGE AS: årsregnskap 2020 vs 2019

Grew 1044% on revenue, stronger earnings

approved 2021-05-27; registry 2021-09-01; journal 2021 703190

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVANTAGE AS. Revenue 28.8k NOK → 329.5k NOK (+1043.7%). Net result +76.3k NOK → +293.3k NOK. Equity -121.3k NOK → 172.0k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

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

At a glance

Scorecard

Revenue
28.8k NOK 329.5k NOK
+1043.7%
Operating result
-76.3k NOK +293.3k NOK
+484.2%
Net result
+76.3k NOK +293.3k NOK
+284.3%
Equity
-121.3k NOK 172.0k NOK
+241.8%
Cash
753 NOK 686.8k NOK
+91102.3%
Total assets
342.0k NOK n/m
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 28.8k NOK to 329.5k NOK (+1043.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -76.3k NOK → +293.3k NOK (op. margin -264.9% → 89.0%). Calculated

  • ↑

    Net result improved

    Net result +76.3k NOK → +293.3k NOK (net margin 264.9% → 89.0%). Calculated

  • ↑

    Equity strengthened

    Book equity -121.3k NOK → 172.0k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 753 NOK → 686.8k NOK (+91102.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 46.2k NOK → 44.4k NOK. Reported fact