Org.nr 994 662 473 2019 → 2020 Year-over-year analysis

AEROCOM NORGE AS: årsregnskap 2020 vs 2019

Grew 63% on revenue, weaker earnings

registry 2021-09-27; journal 2021 742865

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AEROCOM NORGE AS. Revenue 8.20m NOK → 13.34m NOK (+62.6%). Net result +470.5k NOK → +51.2k NOK.

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

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

At a glance

Revenue

8.20m NOK 13.34m NOK

+62.6%

Operating result

+625.5k NOK +980.5k NOK

+56.8%

Net result

+470.5k NOK +51.2k NOK

-89.1%

Equity

n/m 3.56m NOK

—

Cash

1.70m NOK 2.91m NOK

+70.7%

Total assets

3.94m NOK 9.20m NOK

+133.5%

↑
Revenue rose

Operating income / revenue moved from 8.20m NOK to 13.34m NOK (+62.6% YoY). Calculated
↑
Operating result improved

Operating result +625.5k NOK → +980.5k NOK (op. margin 7.6% → 7.3%). Calculated
↑
Cash rose

Bank deposits 1.70m NOK → 2.91m NOK (+70.7% YoY). Calculated

↓
Net result weakened

Net result +470.5k NOK → +51.2k NOK (net margin 5.7% → 0.4%). Calculated

·
COGS moved

COGS / varekostnad 2.94m NOK → 7.25m NOK (+146.2% YoY). Calculated
·
Book investments changed

Investment / intangible book value 138.5k NOK → 192.5k NOK. Reported fact