Org.nr 920 162 908 2019 → 2020 Year-over-year analysis

AINIQ AS: årsregnskap 2020 vs 2019

Grew 30% on revenue, stronger earnings

approved 2023-07-06; registry 2023-07-10; journal 2023 593642

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AINIQ AS. Revenue 1.76m NOK → 2.29m NOK (+30.1%). Net result +681.0k NOK → +1.08m NOK. Equity 864.1k NOK → 1.50m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for AINIQ AS.

Scorecard

Revenue
1.76m NOK 2.29m NOK
+30.1%
Operating result
+873.2k NOK +388.6k NOK
-55.5%
Net result
+681.0k NOK +1.08m NOK
+59.1%
Equity
864.1k NOK 1.50m NOK
+73.3%
Cash
892.8k NOK 773.6k NOK
-13.3%
Total assets
267.3k NOK 2.06m NOK
+669.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.76m NOK to 2.29m NOK (+30.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +681.0k NOK → +1.08m NOK (net margin 38.7% → 47.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 864.1k NOK → 1.50m NOK (equity ratio 323.3% → 72.8%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +873.2k NOK → +388.6k NOK (op. margin 49.6% → 17.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 892.8k NOK → 773.6k NOK (-13.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 7 NOK → 844.9k NOK (0% → 37% of revenue). Calculated