Org.nr 920 120 709 2019 → 2020 Year-over-year analysis

AIMEE FOOD NORGE AS: årsregnskap 2020 vs 2019

Shrank 30% on revenue, weaker earnings

approved 2021-03-15; registry 2021-04-13; journal 2021 197925

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AIMEE FOOD NORGE AS. Revenue 2.23m NOK → 1.57m NOK (-29.6%). Net result +548.6k NOK → +230.0k NOK. Equity 50.5k NOK → 280.5k NOK.

On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AIMEE FOOD NORGE AS.

Scorecard

Revenue
2.23m NOK 1.57m NOK
-29.6%
Operating result
+704.1k NOK +296.8k NOK
-57.9%
Net result
+548.6k NOK +230.0k NOK
-58.1%
Equity
50.5k NOK 280.5k NOK
+455.1%
Cash
1 840 NOK 2 759 NOK
+49.9%
Total assets
956.0k NOK 467.7k NOK
-51.1%

What improved

  • ↑

    Equity strengthened

    Book equity 50.5k NOK → 280.5k NOK (equity ratio 5.3% → 60.0%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.34× → 1.19×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.23m NOK to 1.57m NOK (-29.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +704.1k NOK → +296.8k NOK (op. margin 31.5% → 18.9%). Calculated

  • ↓

    Net result weakened

    Net result +548.6k NOK → +230.0k NOK (net margin 24.6% → 14.6%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 714.1k NOK → 434.6k NOK (-39.1% YoY). Calculated