FirmaIQ
Org.nr 988 605 042 2019 → 2020 Year-over-year analysis

AESSEAL NORDIC AS: årsregnskap 2020 vs 2019

Shrank 8% on revenue

approved 2021-06-04; registry 2021-09-23; journal 2021 798639

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AESSEAL NORDIC AS. Revenue 2.30m NOK → 2.11m NOK (-8.2%). Net result -173.9k NOK → -203.2k NOK. Equity 1.96m NOK → 1.76m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.30m NOK 2.11m NOK
-8.2%
Operating result
-175.0k NOK -204.3k NOK
-16.7%
Net result
-173.9k NOK -203.2k NOK
-16.8%
Equity
1.96m NOK 1.76m NOK
-10.4%
Cash
79.6k NOK 228.8k NOK
+187.4%
Total assets
5.94m NOK 1.93m NOK
-67.4%

What improved

  • ↑

    Cash rose

    Bank deposits 79.6k NOK → 228.8k NOK (+187.4% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 617.5k NOK → 385.5k NOK (27% → 18% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.30m NOK to 2.11m NOK (-8.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -175.0k NOK → -204.3k NOK (op. margin -7.6% → -9.7%). Calculated

  • ↓

    Net result weakened

    Net result -173.9k NOK → -203.2k NOK (net margin -7.6% → -9.6%). Calculated

  • ↓

    Equity eroded

    Book equity 1.96m NOK → 1.76m NOK (equity ratio 33.0% → 90.8%). Calculated