Org.nr 915 919 367 2019 → 2020 Year-over-year analysis

AJ COMPANY AS: årsregnskap 2020 vs 2019

Grew 13% on revenue, stronger earnings

approved 2021-04-01; registry 2021-05-31; journal 2021 349827

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AJ COMPANY AS. Revenue 4.03m NOK → 4.55m NOK (+12.8%). Net result +183.7k NOK → +237.9k NOK.

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

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

At a glance

Revenue

4.03m NOK 4.55m NOK

+12.8%

Operating result

+189.8k NOK +263.8k NOK

+39.0%

Net result

+183.7k NOK +237.9k NOK

+29.5%

Equity

n/m 78.5k NOK

—

Cash

53.0k NOK 45.4k NOK

-14.2%

Total assets

17.1k NOK 995.1k NOK

+5715.1%

↑
Revenue rose

Operating income / revenue moved from 4.03m NOK to 4.55m NOK (+12.8% YoY). Calculated
↑
Operating result improved

Operating result +189.8k NOK → +263.8k NOK (op. margin 4.7% → 5.8%). Calculated
↑
Net result improved

Net result +183.7k NOK → +237.9k NOK (net margin 4.6% → 5.2%). Calculated
↑
Current ratio back above 1×

Current ratio 0.79× → 1.00×. Calculated
↑
Payroll decreased

Salary cost 820.9k NOK → 776.1k NOK (20% → 17% of revenue). Calculated