Org.nr 914 007 550 2019 → 2020 Year-over-year analysis

AEK HOLDING AS: årsregnskap 2020 vs 2019

Shrank 81% on revenue, stronger earnings

approved 2021-08-20; registry 2021-09-25; journal 2021 735821

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AEK HOLDING AS. Revenue 776.9k NOK → 146.2k NOK (-81.2%). Net result +62.2k NOK → +16.43m NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; cogs moved.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
776.9k NOK 146.2k NOK
-81.2%
Operating result
-473.8k NOK +370.3k NOK
+178.1%
Net result
+62.2k NOK +16.43m NOK
+26317.6%
Cash
36.0k NOK 51.2k NOK
+42.3%
Total assets
5.42m NOK 9.24m NOK
+70.7%

What improved

  • ↑

    Operating result improved

    Operating result -473.8k NOK → +370.3k NOK (op. margin -61.0% → 253.3%). Calculated

  • ↑

    Net result improved

    Net result +62.2k NOK → +16.43m NOK (net margin 8.0% → 11241.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 36.0k NOK → 51.2k NOK (+42.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 776.9k NOK to 146.2k NOK (-81.2% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 94.5k NOK → 173.4k NOK (+83.5% YoY). Calculated