FirmaIQ
Org.nr 852 339 942 2019 → 2020 Year-over-year analysis

AEROTECH AS: årsregnskap 2020 vs 2019

Shrank 40% on revenue, weaker earnings

approved 2021-07-02; registry 2021-07-05; journal 2021 534978

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AEROTECH AS. Revenue 100.0k NOK → 60.0k NOK (-40.0%). Net result +70.1k NOK → +34.3k NOK. Equity 104.5k NOK → 138.8k NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
100.0k NOK 60.0k NOK
-40.0%
Operating result
+70.2k NOK +34.3k NOK
-51.2%
Net result
+70.1k NOK +34.3k NOK
-51.1%
Equity
104.5k NOK 138.8k NOK
+32.8%
Cash
11.5k NOK 51.3k NOK
+345.1%
Total assets
111.5k NOK 151.3k NOK
+35.6%

What improved

  • ↑

    Equity strengthened

    Book equity 104.5k NOK → 138.8k NOK (equity ratio 93.7% → 91.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 11.5k NOK → 51.3k NOK (+345.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 100.0k NOK to 60.0k NOK (-40.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +70.2k NOK → +34.3k NOK (op. margin 70.2% → 57.1%). Calculated

  • ↓

    Net result weakened

    Net result +70.1k NOK → +34.3k NOK (net margin 70.1% → 57.1%). Calculated