AESOP AS: årsregnskap 2020 vs 2019
Stronger earnings, cash halved-plus
registry 2021-10-30; journal 2021 886747
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AESOP AS. Revenue 3.01m NOK → 2.87m NOK (-4.8%). Net result +623.7k NOK → +884.6k NOK. Equity 4.10m NOK → 10.10m NOK.
On the constructive side: net result improved; equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AESOP AS.
At a glance
Scorecard
What improved
-
↑
Net result improved
Net result +623.7k NOK → +884.6k NOK (net margin 20.7% → 30.9%). Calculated
-
↑
Equity strengthened
Book equity 4.10m NOK → 10.10m NOK (equity ratio 147.0% → 580.6%). Calculated
-
↑
Payroll decreased
Salary cost 439.5k NOK → 3 NOK (15% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.01m NOK to 2.87m NOK (-4.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +816.1k NOK → +149.8k NOK (op. margin 27.1% → 5.2%). Calculated
-
↓
Cash fell
Bank deposits 50.3k NOK → 10.9k NOK (-78.3% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 1.50m NOK → 979.4k NOK (-34.5% YoY). Calculated