FirmaIQ
Org.nr 991 528 261 2019 → 2020 Year-over-year analysis

AIRAM EIENDOM AS: årsregnskap 2020 vs 2019

Shrank 7% on revenue, stronger earnings, cash halved-plus

approved 2021-07-15; registry 2021-08-09; journal 2021 616700

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AIRAM EIENDOM AS. Revenue 706.2k NOK → 656.6k NOK (-7.0%). Net result +82.5k NOK → +530.5k NOK. Equity 11.11m NOK → 11.49m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
706.2k NOK 656.6k NOK
-7.0%
Operating result
+125.5k NOK +683.4k NOK
+444.5%
Net result
+82.5k NOK +530.5k NOK
+543.3%
Equity
11.11m NOK 11.49m NOK
+3.5%
Cash
1.85m NOK 762.2k NOK
-58.8%
Total assets
11.21m NOK 13.25m NOK
+18.2%

What improved

  • ↑

    Operating result improved

    Operating result +125.5k NOK → +683.4k NOK (op. margin 17.8% → 104.1%). Calculated

  • ↑

    Net result improved

    Net result +82.5k NOK → +530.5k NOK (net margin 11.7% → 80.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 11.11m NOK → 11.49m NOK (equity ratio 99.1% → 86.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 706.2k NOK to 656.6k NOK (-7.0% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 1.85m NOK → 762.2k NOK (-58.8% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 380.8k NOK → 428.5k NOK (54% → 65% of revenue). Calculated