AEK HOLDING AS: årsregnskap 2019 vs 2018
Grew 41% on revenue, weaker earnings
approved 2020-08-31; registry 2020-10-08; journal 2020 920086
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AEK HOLDING AS. Revenue 552.1k NOK → 776.9k NOK (+40.7%). Net result +626.7k NOK → +62.2k NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: net result weakened; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AEK HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 552.1k NOK to 776.9k NOK (+40.7% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.18× → 1.08×. Calculated
What deteriorated
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↓
Net result weakened
Net result +626.7k NOK → +62.2k NOK (net margin 113.5% → 8.0%). Calculated
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↓
Cash fell
Bank deposits 61.0k NOK → 36.0k NOK (-41.1% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 142.2k NOK → 94.5k NOK (-33.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 4.94m NOK → 70.0k NOK. Reported fact