Org.nr 922 713 316 2019 → 2020 Year-over-year analysis

AEKO STIMA AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-03-31; registry 2021-04-12; journal 2021 195581

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AEKO STIMA AS. Net result +8 954 NOK → +7.59m NOK. Equity 5.23m NOK → 321.6k NOK.

On the constructive side: net result improved; cash rose. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for AEKO STIMA AS.

Scorecard

Revenue
n/m 53.0k NOK
—
Operating result
-30.7k NOK -222.3k NOK
-623.6%
Net result
+8 954 NOK +7.59m NOK
+84695.7%
Equity
5.23m NOK 321.6k NOK
-93.8%
Cash
148.2k NOK 251.1k NOK
+69.4%
Total assets
230.2k NOK 863.2k NOK
+274.9%

What improved

  • ↑

    Net result improved

    Net result +8 954 NOK → +7.59m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 148.2k NOK → 251.1k NOK (+69.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -30.7k NOK → -222.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 5.23m NOK → 321.6k NOK (equity ratio 2271.2% → 37.3%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 176.56× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 6 NOK → 7 179 NOK. Calculated

  • ·

    Book investments changed

    Investment / intangible book value 15.0k NOK → 49.1k NOK. Reported fact