AEDES INVEST AS: årsregnskap 2019 vs 2018
Grew 2988% on revenue, weaker earnings
approved 2020-12-14; registry 2020-12-24; journal 2020 976722
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AEDES INVEST AS. Revenue 25.0k NOK → 772.0k NOK (+2988.2%). Net result +318.8k NOK → +45.2k NOK. Equity 1.78m NOK → 405.4k NOK.
On the constructive side: revenue rose; operating result improved; payroll decreased. Pressures included: net result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AEDES INVEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 25.0k NOK to 772.0k NOK (+2988.2% YoY). Calculated
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↑
Operating result improved
Operating result +372.0k NOK → +908.1k NOK (op. margin 1488.0% → 117.6%). Calculated
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Payroll decreased
Salary cost 43.5k NOK → 1 195 NOK (174% → 0% of revenue). Calculated
What deteriorated
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↓
Net result weakened
Net result +318.8k NOK → +45.2k NOK (net margin 1275.3% → 5.9%). Calculated
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↓
Equity eroded
Book equity 1.78m NOK → 405.4k NOK (equity ratio 43.3% → 22.4%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 297.5k NOK → 1 NOK. Reported fact