AEGER GROUP AS: årsregnskap 2019 vs 2018
Grew 105% on revenue, stronger earnings, cash halved-plus
approved 2020-08-27; registry 2020-09-26; journal 2020 861293
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AEGER GROUP AS. Revenue 3.84m NOK → 7.85m NOK (+104.6%). Net result +55.3k NOK → +544.0k NOK. Equity 868.9k NOK → 412.9k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for AEGER GROUP AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 3.84m NOK to 7.85m NOK (+104.6% YoY). Calculated
-
↑
Operating result improved
Operating result +76.2k NOK → +709.6k NOK (op. margin 2.0% → 9.0%). Calculated
-
↑
Net result improved
Net result +55.3k NOK → +544.0k NOK (net margin 1.4% → 6.9%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 868.9k NOK → 412.9k NOK (equity ratio 56.6% → 15.8%). Calculated
-
↓
Cash fell
Bank deposits 828.2k NOK → 40.1k NOK (-95.2% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 2.56m NOK → 4.42m NOK (67% → 56% of revenue). Calculated