FirmaIQ
Org.nr 937 775 741 2019 → 2020 Year-over-year analysis

AERON AS: årsregnskap 2020 vs 2019

Shrank 22% on revenue

approved 2021-03-23; registry 2021-05-31; journal 2021 245555

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AERON AS. Revenue 420.95m NOK → 328.28m NOK (-22.0%). Net result +4.91m NOK → +5.44m NOK. Equity 40.47m NOK → 26.61m NOK.

On the constructive side: operating result improved; net result improved; owners injected capital. Pressures included: revenue fell; equity eroded; cash fell.

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

At a glance

Scorecard

Revenue
420.95m NOK 328.28m NOK
-22.0%
Operating result
+7.67m NOK +7.93m NOK
+3.3%
Net result
+4.91m NOK +5.44m NOK
+10.8%
Equity
40.47m NOK 26.61m NOK
-34.2%
Cash
31.1k NOK 28.1k NOK
-9.7%
Total assets
148.48m NOK 120.63m NOK
-18.8%

What improved

  • ↑

    Operating result improved

    Operating result +7.67m NOK → +7.93m NOK (op. margin 1.8% → 2.4%). Calculated

  • ↑

    Net result improved

    Net result +4.91m NOK → +5.44m NOK (net margin 1.2% → 1.7%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 94.87m NOK → 96.84m NOK (+1.97m NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 83.51m NOK → 81.68m NOK (20% → 25% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 420.95m NOK to 328.28m NOK (-22.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 40.47m NOK → 26.61m NOK (equity ratio 27.3% → 22.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 31.1k NOK → 28.1k NOK (-9.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.30bn NOK → 215.76m NOK (-93.5% YoY). Calculated