FirmaIQ
Org.nr 922 348 057 2019 → 2020 Year-over-year analysis

AI SOLUTIONS AS: årsregnskap 2020 vs 2019

Grew 67% on revenue, returned to profit

approved 2021-09-21; registry 2021-10-13; journal 2021 815141

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AI SOLUTIONS AS. Revenue 28.0k NOK → 46.8k NOK (+67.1%). Net result -24.8k NOK → +46.3k NOK. Equity 30.0k NOK → 30.0k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AI SOLUTIONS AS.

At a glance

Scorecard

Revenue
28.0k NOK 46.8k NOK
+67.1%
Operating result
-24.8k NOK +46.3k NOK
+287.0%
Net result
-24.8k NOK +46.3k NOK
+287.1%
Equity
30.0k NOK 30.0k NOK
0.0%
Cash
8 371 NOK 39.8k NOK
+375.7%
Total assets
163.4k NOK 194.8k NOK
+19.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 28.0k NOK to 46.8k NOK (+67.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -24.8k NOK → +46.3k NOK (op. margin -88.5% → 99.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 24.8k NOK to a profit of 46.3k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 8 371 NOK → 39.8k NOK (+375.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio -6.60× → 28.72×. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 8 863 NOK → 0 NOK (-100.0% YoY). Calculated