FirmaIQ
Org.nr 923 545 921 2019 → 2020 Year-over-year analysis

AGGREKO NORWAY AS: årsregnskap 2020 vs 2019

Shrank 53% on revenue, slipped into loss, cash halved-plus

approved 2021-09-03; registry 2021-10-05; journal 2021 772969

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AGGREKO NORWAY AS. Revenue 91.80m NOK → 43.54m NOK (-52.6%). Net result +9.80m NOK → -1.89m NOK. Equity 88.01m NOK → 86.13m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
91.80m NOK 43.54m NOK
-52.6%
Operating result
+12.34m NOK -2.63m NOK
-121.3%
Net result
+9.80m NOK -1.89m NOK
-119.3%
Equity
88.01m NOK 86.13m NOK
-2.1%
Cash
789.0k NOK 50.9k NOK
-93.5%
Total assets
112.27m NOK 93.80m NOK
-16.4%

What improved

  • ↑

    Payroll decreased

    Salary cost 24.11m NOK → 11.24m NOK (26% → 26% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 91.80m NOK to 43.54m NOK (-52.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +12.34m NOK → -2.63m NOK (op. margin 13.4% → -6.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 9.80m NOK profit to a loss of 1.89m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 88.01m NOK → 86.13m NOK (equity ratio 78.4% → 91.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 789.0k NOK → 50.9k NOK (-93.5% YoY). Calculated