FirmaIQ
Org.nr 916 786 794 2019 → 2020 Year-over-year analysis

AIRIS BYGGTJENESTER AS: årsregnskap 2020 vs 2019

Shrank 91% on revenue, weaker earnings

approved 2021-02-25; registry 2021-03-04; journal 2021 135703

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AIRIS BYGGTJENESTER AS. Revenue 1.37m NOK → 119.1k NOK (-91.3%). Net result +218.3k NOK → +17.2k NOK. Equity 313.0k NOK → 330.3k NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AIRIS BYGGTJENESTER AS.

At a glance

Scorecard

Revenue
1.37m NOK 119.1k NOK
-91.3%
Operating result
+280.0k NOK +22.0k NOK
-92.1%
Net result
+218.3k NOK +17.2k NOK
-92.1%
Equity
313.0k NOK 330.3k NOK
+5.5%
Cash
328.6k NOK 452.4k NOK
+37.7%
Total assets
568.8k NOK 540.2k NOK
-5.0%

What improved

  • ↑

    Equity strengthened

    Book equity 313.0k NOK → 330.3k NOK (equity ratio 55.0% → 61.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 328.6k NOK → 452.4k NOK (+37.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.37m NOK to 119.1k NOK (-91.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +280.0k NOK → +22.0k NOK (op. margin 20.4% → 18.5%). Calculated

  • ↓

    Net result weakened

    Net result +218.3k NOK → +17.2k NOK (net margin 15.9% → 14.5%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.11m NOK → 1.77m NOK (81% → 1484% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 262.2k NOK → 136.8k NOK (-47.8% YoY). Calculated