FirmaIQ
Org.nr 982 228 220 2019 → 2020 Year-over-year analysis

AIRGENIC AS: årsregnskap 2020 vs 2019

Grew 13% on revenue, stronger earnings

approved 2021-06-18; registry 2021-07-21; journal 2021 520274

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AIRGENIC AS. Revenue 5.81m NOK → 6.57m NOK (+13.1%). Net result +2 024 NOK → +1.17m NOK. Equity 2.26m NOK → 3.43m 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 AIRGENIC AS.

At a glance

Scorecard

Revenue
5.81m NOK 6.57m NOK
+13.1%
Operating result
+29.6k NOK +1.03m NOK
+3373.3%
Net result
+2 024 NOK +1.17m NOK
+57892.7%
Equity
2.26m NOK 3.43m NOK
+52.0%
Cash
960.7k NOK 1.89m NOK
+96.8%
Total assets
2.99m NOK 4.28m NOK
+43.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.81m NOK to 6.57m NOK (+13.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +29.6k NOK → +1.03m NOK (op. margin 0.5% → 15.7%). Calculated

  • ↑

    Net result improved

    Net result +2 024 NOK → +1.17m NOK (net margin 0.0% → 17.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.26m NOK → 3.43m NOK (equity ratio 75.4% → 80.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 960.7k NOK → 1.89m NOK (+96.8% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 1.77m NOK → 1.86m NOK (+4.9% YoY). Calculated