Org.nr 918 414 924 2019 → 2020 Year-over-year analysis

AEM SERVICE AS: årsregnskap 2020 vs 2019

Grew 135285% on revenue

approved 2020-12-31; registry 2021-08-16; journal 2021 636710

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AEM SERVICE AS. Revenue 1 575 NOK → 2.13m NOK (+135285.3%). Net result -120.1k NOK → -99.1k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AEM SERVICE AS.

Scorecard

Revenue
1 575 NOK 2.13m NOK
+135285.3%
Operating result
-120.1k NOK -42.2k NOK
+64.9%
Net result
-120.1k NOK -99.1k NOK
+17.4%
Equity
n/m -148.5k NOK
—
Cash
32.4k NOK 28.0k NOK
-13.7%
Total assets
353.2k NOK 399.7k NOK
+13.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 575 NOK to 2.13m NOK (+135285.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -120.1k NOK → -42.2k NOK (op. margin -7628.0% → -2.0%). Calculated

  • ↑

    Net result improved

    Net result -120.1k NOK → -99.1k NOK (net margin -7623.4% → -4.6%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 32.4k NOK → 28.0k NOK (-13.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 74.1k NOK → 43.1k NOK (-41.9% YoY). Calculated