FirmaIQ
Org.nr 924 186 186 2019 → 2020 Year-over-year analysis

AE TUNGA AS: årsregnskap 2020 vs 2019

Fresh owner capital

approved 2021-04-22; registry 2021-09-15; journal 2021 710636

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AE TUNGA AS. Revenue 16.41m NOK → 17.13m NOK (+4.4%). Net result +7.01m NOK → +6.74m NOK. Equity 17.56m NOK → 24.31m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: current ratio dropped below 1×.

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

At a glance

Scorecard

Revenue
16.41m NOK 17.13m NOK
+4.4%
Operating result
+8.99m NOK +10.34m NOK
+15.0%
Net result
+7.01m NOK +6.74m NOK
-3.8%
Equity
17.56m NOK 24.31m NOK
+38.4%
Cash
396 NOK 2 583 NOK
+552.3%
Total assets
69.57m NOK 78.24m NOK
+12.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 16.41m NOK to 17.13m NOK (+4.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +8.99m NOK → +10.34m NOK (op. margin 54.8% → 60.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 17.56m NOK → 24.31m NOK (equity ratio 25.2% → 31.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 396 NOK → 2 583 NOK (+552.3% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 10.4k NOK → 10.43m NOK (+10.42m NOK). Reported fact

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 7.62× → 0.85× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 1 046 NOK → 1.85m NOK (+176557.6% YoY). Calculated