FirmaIQ
Org.nr 993 895 628 2019 → 2020 Year-over-year analysis

AIRCONDITION PRODUKTER AS: årsregnskap 2020 vs 2019

Returned to profit, cash halved-plus

registry 2021-07-08; journal 2021 544462

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AIRCONDITION PRODUKTER AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -573.4k NOK → +356.8k NOK. Equity 1.45m NOK → 1.81m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AIRCONDITION PRODUKTER AS.

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-67.3k NOK -21.4k NOK
+68.2%
Net result
-573.4k NOK +356.8k NOK
+162.2%
Equity
1.45m NOK 1.81m NOK
+24.6%
Cash
320.5k NOK 127.4k NOK
-60.3%
Total assets
1.79m NOK 2.02m NOK
+12.9%

What improved

  • ↑

    Operating result improved

    Operating result -67.3k NOK → -21.4k NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 573.4k NOK to a profit of 356.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.45m NOK → 1.81m NOK (equity ratio 80.8% → 89.2%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 320.5k NOK → 127.4k NOK (-60.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 155.1k NOK → 243.4k NOK. Reported fact