Org.nr 989 221 477 2018 → 2019 Year-over-year analysis

AEGIR HOLDING AS: årsregnskap 2019 vs 2018

Shrank 81% on revenue, slipped into loss

approved 2020-07-01; registry 2020-09-22; journal 2020 844736

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AEGIR HOLDING AS. Revenue 242.3k NOK → 45.2k NOK (-81.4%). Net result +184.7k NOK → -171.4k NOK. Equity 778.3k NOK → 585.2k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AEGIR HOLDING AS.

Scorecard

Revenue
242.3k NOK 45.2k NOK
-81.4%
Operating result
+183.3k NOK -172.7k NOK
-194.2%
Net result
+184.7k NOK -171.4k NOK
-192.8%
Equity
778.3k NOK 585.2k NOK
-24.8%
Cash
323.2k NOK 249.6k NOK
-22.8%
Total assets
795.0k NOK 640.0k NOK
-19.5%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 242.3k NOK to 45.2k NOK (-81.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +183.3k NOK → -172.7k NOK (op. margin 75.6% → -382.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 184.7k NOK profit to a loss of 171.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 778.3k NOK → 585.2k NOK (equity ratio 97.9% → 91.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 323.2k NOK → 249.6k NOK (-22.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 3.47m NOK → 3.38m NOK. Reported fact