AIF PROFIL AS: årsregnskap 2020 vs 2019
Shrank 22% on revenue, returned to profit
approved 2021-02-15; registry 2021-02-17; journal 2021 118012
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AIF PROFIL AS. Revenue 2.68m NOK → 2.09m NOK (-21.7%). Net result -131.2k NOK → +32.4k NOK.
On the constructive side: operating result improved; turned profitable; cash rose. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AIF PROFIL AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -112.3k NOK → +45.3k NOK (op. margin -4.2% → 2.2%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 131.2k NOK to a profit of 32.4k NOK. Calculated
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↑
Cash rose
Bank deposits 148.9k NOK → 347.0k NOK (+133.1% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.68m NOK to 2.09m NOK (-21.7% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1 NOK → 1.35m NOK (0% → 64% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 556.4k NOK → 362.5k NOK (-34.9% YoY). Calculated