FirmaIQ
Org.nr 919 666 536 2019 → 2020 Year-over-year analysis

AJ BIL OG MOTOR AS: årsregnskap 2020 vs 2019

Grew 20% on revenue

approved 2021-06-10; registry 2021-07-01; journal 2021 428734

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AJ BIL OG MOTOR AS. Revenue 9.10m NOK → 10.93m NOK (+20.2%). Net result +921.8k NOK → +848.6k NOK. Equity 253.7k NOK → 1.92m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AJ BIL OG MOTOR AS.

At a glance

Scorecard

Revenue
9.10m NOK 10.93m NOK
+20.2%
Operating result
+192.8k NOK +1.09m NOK
+467.5%
Net result
+921.8k NOK +848.6k NOK
-7.9%
Equity
253.7k NOK 1.92m NOK
+658.7%
Cash
1.67m NOK 2.53m NOK
+51.9%
Total assets
5.10m NOK 6.45m NOK
+26.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.10m NOK to 10.93m NOK (+20.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +192.8k NOK → +1.09m NOK (op. margin 2.1% → 10.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 253.7k NOK → 1.92m NOK (equity ratio 5.0% → 29.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.67m NOK → 2.53m NOK (+51.9% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +921.8k NOK → +848.6k NOK (net margin 10.1% → 7.8%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 3.23m NOK → 3.88m NOK (+20.2% YoY). Calculated