FirmaIQ
Org.nr 980 382 028 2019 → 2020 Year-over-year analysis

AIDA ELEKTRO AS: årsregnskap 2020 vs 2019

Shrank 6% on revenue, weaker earnings

approved 2021-07-08; registry 2021-08-02; journal 2021 568386

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AIDA ELEKTRO AS. Revenue 10.17m NOK → 9.56m NOK (-6.0%). Net result +440.5k NOK → +241.8k NOK. Equity 745.9k NOK → 12.99m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
10.17m NOK 9.56m NOK
-6.0%
Operating result
+639.2k NOK +402.5k NOK
-37.0%
Net result
+440.5k NOK +241.8k NOK
-45.1%
Equity
745.9k NOK 12.99m NOK
+1641.3%
Cash
808.9k NOK 1.32m NOK
+62.6%
Total assets
4.10m NOK n/m
—

What improved

  • ↑

    Equity strengthened

    Book equity 745.9k NOK → 12.99m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 808.9k NOK → 1.32m NOK (+62.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 10.17m NOK to 9.56m NOK (-6.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +639.2k NOK → +402.5k NOK (op. margin 6.3% → 4.2%). Calculated

  • ↓

    Net result weakened

    Net result +440.5k NOK → +241.8k NOK (net margin 4.3% → 2.5%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 3.72m NOK → 3.81m NOK (+2.3% YoY). Calculated