Org.nr 933 541 835 2019 → 2020 Year-over-year analysis

AJ PRODUKTER AS: årsregnskap 2020 vs 2019

Grew 110820% on revenue, weaker earnings

approved 2021-01-29; registry 2021-06-30; journal 2021 422329

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AJ PRODUKTER AS. Revenue 314.7k NOK → 349.07m NOK (+110819.5%). Net result +16.69m NOK → +10.83m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AJ PRODUKTER AS.

At a glance

Revenue

314.7k NOK 349.07m NOK

+110819.5%

Operating result

+21.55m NOK +14.53m NOK

-32.6%

Net result

+16.69m NOK +10.83m NOK

-35.1%

Equity

n/m 29.78m NOK

—

Cash

25.50m NOK 32.07m NOK

+25.8%

Total assets

87.05m NOK 97.53m NOK

+12.0%

↑
Revenue rose

Operating income / revenue moved from 314.7k NOK to 349.07m NOK (+110819.5% YoY). Calculated
↑
Cash rose

Bank deposits 25.50m NOK → 32.07m NOK (+25.8% YoY). Calculated

↓
Operating result weakened

Operating result +21.55m NOK → +14.53m NOK (op. margin 6848.3% → 4.2%). Calculated
↓
Net result weakened

Net result +16.69m NOK → +10.83m NOK (net margin 5302.1% → 3.1%). Calculated

·
Payroll increased

Salary cost 15.40m NOK → 17.08m NOK (4894% → 5% of revenue). Calculated
·
COGS moved

COGS / varekostnad 4.22bn NOK → 4.26bn NOK (+0.9% YoY). Calculated