AEGEAN MAT AS: årsregnskap 2019 vs 2018
Grew 167% on revenue, returned to profit
approved 2019-12-31; registry 2020-09-05; journal 2020 761716
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AEGEAN MAT AS. Revenue 116.5k NOK → 311.4k NOK (+167.4%). Net result -28.3k NOK → +74.9k NOK. Equity 11.12m NOK → 191.2k NOK.
On the constructive side: revenue rose; turned profitable; current ratio back above 1×. Pressures included: equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AEGEAN MAT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 116.5k NOK to 311.4k NOK (+167.4% YoY). Calculated
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↑
Turned profitable
Net result flipped from a loss of 28.3k NOK to a profit of 74.9k NOK. Calculated
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↑
Current ratio back above 1×
Current ratio 0.84× → 2.32×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 11.12m NOK → 191.2k NOK (equity ratio 3280.1% → 76.8%). Calculated
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↓
Cash fell
Bank deposits 191.4k NOK → 145.8k NOK (-23.9% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 249.6k NOK → 54.5k NOK (-78.2% YoY). Calculated