Org.nr 938 364 052 2018 → 2019 Year-over-year analysis

AEBI SCHMIDT NORGE AS: årsregnskap 2019 vs 2018

Shrank 16% on revenue

approved 2020-04-15; registry 2020-05-16; journal 2020 358443

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AEBI SCHMIDT NORGE AS. Revenue 158.62m NOK → 132.95m NOK (-16.2%). Equity 34.01m NOK → 21.43m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for AEBI SCHMIDT NORGE AS.

At a glance

Revenue

158.62m NOK 132.95m NOK

-16.2%

Operating result

n/m +15.76m NOK

—

Net result

n/m +12.42m NOK

—

Equity

34.01m NOK 21.43m NOK

-37.0%

Cash

28.19m NOK 19.66m NOK

-30.3%

Total assets

75.65m NOK 77.93m NOK

+3.0%

↑
Payroll decreased

Salary cost 25.50m NOK → 15.83m NOK (16% → 12% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 158.62m NOK to 132.95m NOK (-16.2% YoY). Calculated
↓
Equity eroded

Book equity 34.01m NOK → 21.43m NOK (equity ratio 45.0% → 27.5%). Calculated
↓
Cash fell

Bank deposits 28.19m NOK → 19.66m NOK (-30.3% YoY). Calculated

·
Paid-in equity reduced

Paid-in equity fell 26.82m NOK → 21.43m NOK — check capital reduction, conversion, or reclassification. Interpretation
·
COGS fell

COGS / varekostnad 96.72m NOK → 87.30m NOK (-9.7% YoY). Calculated