FirmaIQ
Org.nr 915 010 393 2019 → 2020 Year-over-year analysis

AEKO EIENDOMSUTVIKLING AS: årsregnskap 2020 vs 2019

Grew 108% on revenue, stronger earnings, fresh owner capital

approved 2021-06-30; registry 2021-08-19; journal 2021 630992

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AEKO EIENDOMSUTVIKLING AS. Revenue 40.54m NOK → 84.48m NOK (+108.4%). Net result +1.58m NOK → +4.16m NOK. Equity 22.91m NOK → 47.54m NOK.

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

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AEKO EIENDOMSUTVIKLING AS.

At a glance

Scorecard

Revenue
40.54m NOK 84.48m NOK
+108.4%
Operating result
+2.19m NOK +5.59m NOK
+155.3%
Net result
+1.58m NOK +4.16m NOK
+164.4%
Equity
22.91m NOK 47.54m NOK
+107.5%
Cash
2.52m NOK 10.89m NOK
+331.4%
Total assets
77.05m NOK 112.46m NOK
+46.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 40.54m NOK to 84.48m NOK (+108.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.19m NOK → +5.59m NOK (op. margin 5.4% → 6.6%). Calculated

  • ↑

    Net result improved

    Net result +1.58m NOK → +4.16m NOK (net margin 3.9% → 4.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 22.91m NOK → 47.54m NOK (equity ratio 29.7% → 42.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.52m NOK → 10.89m NOK (+331.4% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 34.96m NOK → 75.57m NOK (+116.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 500 NOK → 22.18m NOK. Reported fact