FirmaIQ
Org.nr 938 702 675 2019 → 2020 Year-over-year analysis

AF GRUPPEN ASA: årsregnskap 2020 vs 2019

Shrank 100% on revenue, weaker earnings, fresh owner capital

approved 2021-05-11; registry 2021-06-26; journal 2021 391705

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AF GRUPPEN ASA. Revenue 547.00m NOK → 615.0k NOK (-99.9%). Net result +1.03m NOK → +622.0k NOK. Equity 803.0k NOK → 771.00m NOK.

On the constructive side: equity strengthened; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AF GRUPPEN ASA.

At a glance

Scorecard

Revenue
547.00m NOK 615.0k NOK
-99.9%
Operating result
+527.00m NOK +593.0k NOK
-99.9%
Net result
+1.03m NOK +622.0k NOK
-39.4%
Equity
803.0k NOK 771.00m NOK
+95914.9%
Total assets
2.97bn NOK 2.86bn NOK
-3.6%

What improved

  • ↑

    Equity strengthened

    Book equity 803.0k NOK → 771.00m NOK (equity ratio 0.0% → 27.0%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 188.0k NOK → 604.0k NOK (+416.0k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 547.00m NOK to 615.0k NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +527.00m NOK → +593.0k NOK (op. margin 96.3% → 96.4%). Calculated

  • ↓

    Net result weakened

    Net result +1.03m NOK → +622.0k NOK (net margin 0.2% → 101.1%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.26bn NOK → 2.25bn NOK. Reported fact