Org.nr 824 186 162 2019 → 2020 Year-over-year analysis

AE FINNSNES AS: årsregnskap 2020 vs 2019

Shrank 39% on revenue, returned to profit, fresh owner capital

approved 2021-04-23; registry 2021-09-15; journal 2021 709630

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AE FINNSNES AS. Revenue 214.6k NOK → 130.8k NOK (-39.1%). Net result -163.8k NOK → +95.5k NOK. Equity 5.28m NOK → 5.38m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.

Net constructive year on the published lines.

Scorecard

Revenue
214.6k NOK 130.8k NOK
-39.1%
Operating result
-210.0k NOK -45.5k NOK
+78.3%
Net result
-163.8k NOK +95.5k NOK
+158.3%
Equity
5.28m NOK 5.38m NOK
+1.8%
Cash
n/m 686.6k NOK
—
Total assets
5.28m NOK 5.61m NOK
+6.2%

What improved

  • ↑

    Operating result improved

    Operating result -210.0k NOK → -45.5k NOK (op. margin -97.8% → -34.8%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 163.8k NOK to a profit of 95.5k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 5.28m NOK → 5.38m NOK (equity ratio 100.0% → 95.9%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 6 409 NOK → 6.41m NOK (+6.40m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 214.6k NOK to 130.8k NOK (-39.1% YoY). Calculated