Org.nr 915 473 865 2019 → 2020 Year-over-year analysis

ADVIK AS: årsregnskap 2020 vs 2019

Grew 30% on revenue

approved 2021-03-30; registry 2021-09-04; journal 2021 672244

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADVIK AS. Revenue 7.26m NOK → 9.41m NOK (+29.6%).

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVIK AS.

Scorecard

Revenue
7.26m NOK 9.41m NOK
+29.6%
Operating result
-147.7k NOK +170.1k NOK
+215.2%
Net result
-171.8k NOK n/m
—
Equity
10 NOK n/m
—
Cash
327.0k NOK 626.0k NOK
+91.4%
Total assets
669.8k NOK 2.26m NOK
+237.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.26m NOK to 9.41m NOK (+29.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -147.7k NOK → +170.1k NOK (op. margin -2.0% → 1.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 327.0k NOK → 626.0k NOK (+91.4% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 3.64m NOK → 4.71m NOK (+29.2% YoY). Calculated