FirmaIQ
Org.nr 995 955 148 2018 → 2019 Year-over-year analysis

AE ELEKTRO AS: årsregnskap 2019 vs 2018

Grew 35% on revenue, slipped into loss

approved 2020-03-10; registry 2020-03-21; journal 2020 249721

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AE ELEKTRO AS. Revenue 485.9k NOK → 657.3k NOK (+35.3%). Net result +67.0k NOK → -105 NOK. Equity 279.2k NOK → 279.1k NOK.

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

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AE ELEKTRO AS.

At a glance

Scorecard

Revenue
485.9k NOK 657.3k NOK
+35.3%
Operating result
+28.2k NOK +1 028 NOK
-96.4%
Net result
+67.0k NOK -105 NOK
-100.2%
Equity
279.2k NOK 279.1k NOK
-0.0%
Cash
124.7k NOK 204.4k NOK
+63.9%
Total assets
324.2k NOK 377.1k NOK
+16.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 485.9k NOK to 657.3k NOK (+35.3% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 124.7k NOK → 204.4k NOK (+63.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +28.2k NOK → +1 028 NOK (op. margin 5.8% → 0.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 67.0k NOK profit to a loss of 105 NOK. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 13.5k NOK → 1.16m NOK (3% → 176% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 273.52m NOK → 294.8k NOK (-99.9% YoY). Calculated