FirmaIQ
Org.nr 987 209 704 2019 → 2020 Year-over-year analysis

AJOUR REGNSKAP MANDAL AS: årsregnskap 2020 vs 2019

Grew 10% on revenue, stronger earnings

registry 2021-06-19; journal 2021 363223

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AJOUR REGNSKAP MANDAL AS. Revenue 4.66m NOK → 5.13m NOK (+10.0%). Net result +205.2k NOK → +447.8k NOK. Equity 904.9k NOK → 11 NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AJOUR REGNSKAP MANDAL AS.

At a glance

Scorecard

Revenue
4.66m NOK 5.13m NOK
+10.0%
Operating result
+294.3k NOK +592.6k NOK
+101.3%
Net result
+205.2k NOK +447.8k NOK
+118.2%
Equity
904.9k NOK 11 NOK
-100.0%
Cash
617.9k NOK 928.0k NOK
+50.2%
Total assets
2.36m NOK 2.71m NOK
+14.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.66m NOK to 5.13m NOK (+10.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +294.3k NOK → +592.6k NOK (op. margin 6.3% → 11.6%). Calculated

  • ↑

    Net result improved

    Net result +205.2k NOK → +447.8k NOK (net margin 4.4% → 8.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 617.9k NOK → 928.0k NOK (+50.2% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 904.9k NOK → 11 NOK (equity ratio 38.3% → 0.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation