FirmaIQ
Org.nr 938 364 052 2019 → 2020 Year-over-year analysis

AEBI SCHMIDT NORGE AS: årsregnskap 2020 vs 2019

Shrank 9% on revenue

approved 2021-04-23; registry 2021-07-20; journal 2021 582122

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AEBI SCHMIDT NORGE AS. Revenue 132.95m NOK → 121.25m NOK (-8.8%). Net result +12.42m NOK → +13.28m NOK. Equity 21.43m NOK → 19.71m NOK.

On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for AEBI SCHMIDT NORGE AS.

At a glance

Scorecard

Revenue
132.95m NOK 121.25m NOK
-8.8%
Operating result
+15.76m NOK +17.01m NOK
+7.9%
Net result
+12.42m NOK +13.28m NOK
+6.9%
Equity
21.43m NOK 19.71m NOK
-8.0%
Cash
19.66m NOK 16.81m NOK
-14.5%
Total assets
77.93m NOK 57.10m NOK
-26.7%

What improved

  • ↑

    Operating result improved

    Operating result +15.76m NOK → +17.01m NOK (op. margin 11.9% → 14.0%). Calculated

  • ↑

    Net result improved

    Net result +12.42m NOK → +13.28m NOK (net margin 9.3% → 11.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 15.83m NOK → 13.54m NOK (12% → 11% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 132.95m NOK to 121.25m NOK (-8.8% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 21.43m NOK → 19.71m NOK (equity ratio 27.5% → 34.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 19.66m NOK → 16.81m NOK (-14.5% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 21.43m NOK → 19.71m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 87.30m NOK → 80.86m NOK (-7.4% YoY). Calculated