A.I.VENT AS: årsregnskap 2020 vs 2019
Grew 36% on revenue, weaker earnings
registry 2021-07-06; journal 2021 451973
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A.I.VENT AS. Revenue 16.13m NOK → 21.91m NOK (+35.8%). Net result +535.7k NOK → +25.1k NOK. Equity 1.56m NOK → 1.59m NOK.
On the constructive side: revenue rose; equity strengthened; 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 A.I.VENT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 16.13m NOK to 21.91m NOK (+35.8% YoY). Calculated
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↑
Equity strengthened
Book equity 1.56m NOK → 1.59m NOK (equity ratio 21.3% → 21.5%). Calculated
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↑
Cash rose
Bank deposits 267.9k NOK → 685.6k NOK (+155.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +633.9k NOK → +230.1k NOK (op. margin 3.9% → 1.1%). Calculated
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↓
Net result weakened
Net result +535.7k NOK → +25.1k NOK (net margin 3.3% → 0.1%). Calculated
Things to notice
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·
Payroll increased
Salary cost 10.17m NOK → 13.42m NOK (63% → 61% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 742.4k NOK → 4.08m NOK (+449.1% YoY). Calculated