FirmaIQ
Org.nr 984 950 853 2019 → 2020 Year-over-year analysis

AET EIENDOM ARENDAL AS: årsregnskap 2020 vs 2019

Stronger earnings, cash halved-plus

approved 2021-03-18; registry 2021-06-19; journal 2021 354169

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AET EIENDOM ARENDAL AS. Revenue 835.0k NOK → 805.3k NOK (-3.6%). Net result +126.7k NOK → +175.6k NOK. Equity 3.26m NOK → 3.44m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
835.0k NOK 805.3k NOK
-3.6%
Operating result
+288.2k NOK +335.7k NOK
+16.5%
Net result
+126.7k NOK +175.6k NOK
+38.6%
Equity
3.26m NOK 3.44m NOK
+5.4%
Cash
782.1k NOK 314.5k NOK
-59.8%
Total assets
6.92m NOK 6.93m NOK
+0.2%

What improved

  • ↑

    Operating result improved

    Operating result +288.2k NOK → +335.7k NOK (op. margin 34.5% → 41.7%). Calculated

  • ↑

    Net result improved

    Net result +126.7k NOK → +175.6k NOK (net margin 15.2% → 21.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.26m NOK → 3.44m NOK (equity ratio 47.2% → 49.6%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.45× → 4.45×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 835.0k NOK to 805.3k NOK (-3.6% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 782.1k NOK → 314.5k NOK (-59.8% YoY). Calculated