AJ FISK AS: årsregnskap 2020 vs 2019
Grew 96% on revenue, returned to profit
approved 2021-04-16; registry 2021-04-20; journal 2021 212461
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AJ FISK AS. Revenue 3.29m NOK → 6.46m NOK (+96.2%). Net result -38.9k NOK → +2.69m NOK. Equity 1.32m NOK → 1.52m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: current ratio dropped below 1×.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AJ FISK AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.29m NOK to 6.46m NOK (+96.2% YoY). Calculated
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Operating result improved
Operating result -30.9k NOK → +3.47m NOK (op. margin -0.9% → 53.7%). Calculated
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Turned profitable
Net result flipped from a loss of 38.9k NOK to a profit of 2.69m NOK. Calculated
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Equity strengthened
Book equity 1.32m NOK → 1.52m NOK (equity ratio 68.0% → 28.0%). Calculated
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Cash rose
Bank deposits 268.6k NOK → 385.8k NOK (+43.6% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.01× → 0.68× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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COGS fell
COGS / varekostnad 213.1k NOK → 44.5k NOK (-79.1% YoY). Calculated