FirmaIQ
Org.nr 816 896 142 2019 → 2020 Year-over-year analysis

AJ VESTFOLD BYGG AS: årsregnskap 2020 vs 2019

Grew 165% on revenue, stronger earnings

approved 2020-12-31; registry 2021-03-03; journal 2021 132643

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AJ VESTFOLD BYGG AS. Revenue 529.5k NOK → 1.40m NOK (+164.9%). Net result +6 NOK → +110.7k NOK. Equity 133.9k NOK → 249.6k NOK.

On the constructive side: revenue rose; net result improved; equity strengthened.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for AJ VESTFOLD BYGG AS.

At a glance

Scorecard

Revenue
529.5k NOK 1.40m NOK
+164.9%
Operating result
n/m +136.3k NOK
—
Net result
+6 NOK +110.7k NOK
+1845666.7%
Equity
133.9k NOK 249.6k NOK
+86.3%
Cash
187.1k NOK 434.4k NOK
+132.1%
Total assets
245.3k NOK 541.3k NOK
+120.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 529.5k NOK to 1.40m NOK (+164.9% YoY). Calculated

  • ↑

    Net result improved

    Net result +6 NOK → +110.7k NOK (net margin 0.0% → 7.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 133.9k NOK → 249.6k NOK (equity ratio 54.6% → 46.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 187.1k NOK → 434.4k NOK (+132.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 019 NOK → 2084.83bn NOK (0% → 148616001% of revenue). Calculated