Org.nr 946 359 106 2019 → 2020 Year-over-year analysis

AIMO PARK NORWAY AS: årsregnskap 2020 vs 2019

Grew 21918% on revenue, weaker earnings

approved 2020-09-30; registry 2020-12-02; journal 2020 972979

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AIMO PARK NORWAY AS. Revenue 679.7k NOK → 149.64m NOK (+21917.7%). Net result +35.69m NOK → +16.56m NOK. Equity 158.32m NOK → 174.88m NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AIMO PARK NORWAY AS.

Scorecard

Revenue
679.7k NOK 149.64m NOK
+21917.7%
Operating result
n/m +4.18m NOK
—
Net result
+35.69m NOK +16.56m NOK
-53.6%
Equity
158.32m NOK 174.88m NOK
+10.5%
Cash
58.48m NOK 204.18m NOK
+249.1%
Total assets
301.57m NOK 299.90m NOK
-0.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 679.7k NOK to 149.64m NOK (+21917.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 158.32m NOK → 174.88m NOK (equity ratio 52.5% → 58.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 58.48m NOK → 204.18m NOK (+249.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 82.11m NOK → 20.31m NOK (12082% → 14% of revenue). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +35.69m NOK → +16.56m NOK (net margin 5251.3% → 11.1%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 5.49bn NOK → 5.11bn NOK (-6.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 508.2k NOK → 531.2k NOK. Reported fact