FirmaIQ
Org.nr 916 646 615 2019 → 2020 Year-over-year analysis

AEGEAN MAT AS: årsregnskap 2020 vs 2019

Grew 116% on revenue, stronger earnings

approved 2020-12-31; registry 2021-09-23; journal 2021 792617

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AEGEAN MAT AS. Revenue 311.4k NOK → 674.0k NOK (+116.4%). Net result +74.9k NOK → +248.1k NOK. Equity 191.2k NOK → 10.44m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AEGEAN MAT AS.

At a glance

Scorecard

Revenue
311.4k NOK 674.0k NOK
+116.4%
Operating result
+99.2k NOK +321.5k NOK
+224.1%
Net result
+74.9k NOK +248.1k NOK
+231.1%
Equity
191.2k NOK 10.44m NOK
+5360.0%
Cash
145.8k NOK 489.3k NOK
+235.7%
Total assets
248.8k NOK 578.3k NOK
+132.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 311.4k NOK to 674.0k NOK (+116.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +99.2k NOK → +321.5k NOK (op. margin 31.9% → 47.7%). Calculated

  • ↑

    Net result improved

    Net result +74.9k NOK → +248.1k NOK (net margin 24.1% → 36.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 191.2k NOK → 10.44m NOK (equity ratio 76.8% → 1805.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 145.8k NOK → 489.3k NOK (+235.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 0 NOK → 34.2k NOK (0% → 5% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 54.5k NOK → 115.9k NOK (+112.5% YoY). Calculated