Org.nr 920 940 447 2019 → 2020 Year-over-year analysis

AIMBITY AS: årsregnskap 2020 vs 2019

Grew 11% on revenue, weaker earnings, cash halved-plus

approved 2021-06-09; registry 2021-06-12; journal 2021 416020

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AIMBITY AS. Revenue 1.26m NOK → 1.39m NOK (+10.7%). Net result +965.9k NOK → +29.6k NOK. Equity 2.07m NOK → 3.10m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AIMBITY AS.

Scorecard

Revenue
1.26m NOK 1.39m NOK
+10.7%
Operating result
+1.22m NOK +1.30m NOK
+6.3%
Net result
+965.9k NOK +29.6k NOK
-96.9%
Equity
2.07m NOK 3.10m NOK
+49.7%
Cash
829.5k NOK 371.7k NOK
-55.2%
Total assets
2.54m NOK 3.38m NOK
+32.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.26m NOK to 1.39m NOK (+10.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.22m NOK → +1.30m NOK (op. margin 97.3% → 93.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.07m NOK → 3.10m NOK (equity ratio 81.6% → 91.9%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +965.9k NOK → +29.6k NOK (net margin 76.9% → 2.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 829.5k NOK → 371.7k NOK (-55.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.68m NOK → 1.00m NOK. Reported fact