FirmaIQ
Org.nr 920 890 113 2019 → 2020 Year-over-year analysis

AIR-SEP NORGE AS: årsregnskap 2020 vs 2019

Grew 1142% on revenue, stronger earnings, fresh owner capital

approved 2021-10-05; registry 2021-10-07; journal 2021 881010

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AIR-SEP NORGE AS. Revenue 245.3k NOK → 3.05m NOK (+1142.1%). Net result +33.6k NOK → +402.9k NOK. Equity 40.3k NOK → 13.64m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AIR-SEP NORGE AS.

At a glance

Scorecard

Revenue
245.3k NOK 3.05m NOK
+1142.1%
Operating result
+51.0k NOK +529.0k NOK
+937.1%
Net result
+33.6k NOK +402.9k NOK
+1100.4%
Equity
40.3k NOK 13.64m NOK
+33768.3%
Cash
192.0k NOK 765.9k NOK
+299.0%
Total assets
929.9k NOK 693.2k NOK
-25.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 245.3k NOK to 3.05m NOK (+1142.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +51.0k NOK → +529.0k NOK (op. margin 20.8% → 17.4%). Calculated

  • ↑

    Net result improved

    Net result +33.6k NOK → +402.9k NOK (net margin 13.7% → 13.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 40.3k NOK → 13.64m NOK (equity ratio 4.3% → 1968.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 192.0k NOK → 765.9k NOK (+299.0% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 36.2k NOK → 1.47m NOK (+3950.5% YoY). Calculated