Org.nr 922 945 098 2019 → 2020 Year-over-year analysis

AIRON AS: årsregnskap 2020 vs 2019

Grew 257793% on revenue

approved 2021-06-23; registry 2021-07-26; journal 2021 546456

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AIRON AS. Revenue 3 357 NOK → 8.66m NOK (+257792.8%). Net result +386.4k NOK → +340.3k NOK. Equity 9.42m NOK → 12.76m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AIRON AS.

Scorecard

Revenue
3 357 NOK 8.66m NOK
+257792.8%
Operating result
+495.8k NOK +490.9k NOK
-1.0%
Net result
+386.4k NOK +340.3k NOK
-11.9%
Equity
9.42m NOK 12.76m NOK
+35.5%
Cash
276.8k NOK 762.3k NOK
+175.3%
Total assets
1.22m NOK 2.63m NOK
+116.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3 357 NOK to 8.66m NOK (+257792.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 9.42m NOK → 12.76m NOK (equity ratio 774.7% → 485.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 276.8k NOK → 762.3k NOK (+175.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +495.8k NOK → +490.9k NOK (op. margin 14769.1% → 5.7%). Calculated

  • ↓

    Net result weakened

    Net result +386.4k NOK → +340.3k NOK (net margin 11510.2% → 3.9%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 1 234 NOK → 4.05m NOK (+327919.4% YoY). Calculated