AERIAL GEO SURVEY AS: årsregnskap 2020 vs 2019
Grew 5% on revenue, weaker earnings
approved 2021-07-31; registry 2021-08-03; journal 2021 605881
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AERIAL GEO SURVEY AS. Revenue 221.8k NOK → 233.1k NOK (+5.1%). Net result +162.3k NOK → +55.1k NOK. Equity -21.7k NOK → 33.4k NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for AERIAL GEO SURVEY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 221.8k NOK to 233.1k NOK (+5.1% YoY). Calculated
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↑
Equity strengthened
Book equity -21.7k NOK → 33.4k NOK (equity ratio -21.4% → 47.2%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.72× → 1.64×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +162.3k NOK → +55.1k NOK (op. margin 73.2% → 23.6%). Calculated
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↓
Net result weakened
Net result +162.3k NOK → +55.1k NOK (net margin 73.2% → 23.6%). Calculated
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↓
Cash fell
Bank deposits 56.4k NOK → 28.7k NOK (-49.1% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 783 NOK → 93.7k NOK (0% → 40% of revenue). Calculated