Org.nr 921 463 588 2019 → 2020 Year-over-year analysis

AIFY AS: årsregnskap 2020 vs 2019

Grew 28% on revenue, stronger earnings, cash halved-plus

approved 2021-05-27; registry 2021-06-28; journal 2021 489062

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AIFY AS. Revenue 1.75m NOK → 2.24m NOK (+28.2%). Net result +338.7k NOK → +478.6k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
1.75m NOK 2.24m NOK
+28.2%
Operating result
+434.5k NOK +615.2k NOK
+41.6%
Net result
+338.7k NOK +478.6k NOK
+41.3%
Equity
n/m 67.3k NOK
—
Cash
867.4k NOK 153.0k NOK
-82.4%
Total assets
867.4k NOK 1 199 NOK
-99.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.75m NOK to 2.24m NOK (+28.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +434.5k NOK → +615.2k NOK (op. margin 24.9% → 27.5%). Calculated

  • ↑

    Net result improved

    Net result +338.7k NOK → +478.6k NOK (net margin 19.4% → 21.4%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 867.4k NOK → 153.0k NOK (-82.4% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.09× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated