FirmaIQ
Org.nr 986 942 033 2019 → 2020 Year-over-year analysis

APPEAR ASA: årsregnskap 2020 vs 2019

Stronger earnings

registry 2021-08-12; journal 2021 604302

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for APPEAR ASA. Revenue 12.23bn NOK → 12.27bn NOK (+0.4%). Net result +17.09m NOK → +21.36m NOK. Equity 239.68m NOK → 259.61m NOK.

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

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for APPEAR ASA.

At a glance

Scorecard

Revenue
12.23bn NOK 12.27bn NOK
+0.4%
Operating result
+11.46m NOK +22.66m NOK
+97.8%
Net result
+17.09m NOK +21.36m NOK
+25.0%
Equity
239.68m NOK 259.61m NOK
+8.3%
Cash
31.79m NOK 48.20m NOK
+51.6%
Total assets
279.98m NOK 313.55m NOK
+12.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.23bn NOK to 12.27bn NOK (+0.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +11.46m NOK → +22.66m NOK (op. margin 0.1% → 0.2%). Calculated

  • ↑

    Net result improved

    Net result +17.09m NOK → +21.36m NOK (net margin 0.1% → 0.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 239.68m NOK → 259.61m NOK (equity ratio 85.6% → 82.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 31.79m NOK → 48.20m NOK (+51.6% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 15.48m NOK → 15.48m NOK — check capital reduction, conversion, or reclassification. Interpretation