AIRCOMFORT TRØNDELAG AS: årsregnskap 2020 vs 2019
Grew 30% on revenue, weaker earnings
approved 2021-04-15; registry 2021-06-12; journal 2021 298304
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AIRCOMFORT TRØNDELAG AS. Revenue 56.08m NOK → 72.69m NOK (+29.6%). Net result +719.6k NOK → +462.6k NOK. Equity 6.16m NOK → 8.89m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for AIRCOMFORT TRØNDELAG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 56.08m NOK to 72.69m NOK (+29.6% YoY). Calculated
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↑
Operating result improved
Operating result +810.8k NOK → +815.7k NOK (op. margin 1.4% → 1.1%). Calculated
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↑
Equity strengthened
Book equity 6.16m NOK → 8.89m NOK (equity ratio 37.0% → 29.1%). Calculated
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↑
Cash rose
Bank deposits 4.97m NOK → 8.32m NOK (+67.4% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +719.6k NOK → +462.6k NOK (net margin 1.3% → 0.6%). Calculated
Things to notice
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·
Payroll increased
Salary cost 19.11m NOK → 22.33m NOK (34% → 31% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 562.1k NOK → 619.2k NOK. Reported fact