FirmaIQ
Org.nr 919 146 540 2019 → 2020 Year-over-year analysis

AERSEA AS: årsregnskap 2020 vs 2019

Grew 5% on revenue, returned to profit

registry 2021-07-13; journal 2021 566956

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AERSEA AS. Revenue 581.4k NOK → 611.0k NOK (+5.1%). Net result -80.8k NOK → +24.8k NOK. Equity 196.7k NOK → 261.6k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

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

At a glance

Scorecard

Revenue
581.4k NOK 611.0k NOK
+5.1%
Operating result
-80.8k NOK +34.3k NOK
+142.5%
Net result
-80.8k NOK +24.8k NOK
+130.7%
Equity
196.7k NOK 261.6k NOK
+33.0%
Cash
249.5k NOK 393.7k NOK
+57.8%
Total assets
571.0k NOK 931.3k NOK
+63.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 581.4k NOK to 611.0k NOK (+5.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -80.8k NOK → +34.3k NOK (op. margin -13.9% → 5.6%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 80.8k NOK to a profit of 24.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 196.7k NOK → 261.6k NOK (equity ratio 34.5% → 28.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 249.5k NOK → 393.7k NOK (+57.8% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 23.0k NOK → 148.2k NOK (+544.2% YoY). Calculated