Org.nr 922 949 379 2019 → 2020 Year-over-year analysis

AIM PYRO AS: årsregnskap 2020 vs 2019

Shrank 75% on revenue, stronger earnings

approved 2021-04-19; registry 2021-04-26; journal 2021 225950

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AIM PYRO AS. Revenue 801.3k NOK → 200.8k NOK (-74.9%). Net result +6 163 NOK → +473.7k NOK. Equity 6.19m NOK → 12.66m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.

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

Scorecard

Revenue
801.3k NOK 200.8k NOK
-74.9%
Operating result
+211.0k NOK +611.5k NOK
+189.8%
Net result
+6 163 NOK +473.7k NOK
+7586.3%
Equity
6.19m NOK 12.66m NOK
+104.6%
Cash
74.7k NOK 641.8k NOK
+759.4%
Total assets
258.7k NOK 821.9k NOK
+217.7%

What improved

  • ↑

    Operating result improved

    Operating result +211.0k NOK → +611.5k NOK (op. margin 26.3% → 304.5%). Calculated

  • ↑

    Net result improved

    Net result +6 163 NOK → +473.7k NOK (net margin 0.8% → 235.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 6.19m NOK → 12.66m NOK (equity ratio 2391.8% → 1540.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 74.7k NOK → 641.8k NOK (+759.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 801.3k NOK to 200.8k NOK (-74.9% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 5 NOK → 14.9k NOK (0% → 7% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 384.9k NOK → 109.1k NOK (-71.7% YoY). Calculated