Org.nr 974 519 658 2018 → 2019 Year-over-year analysis

AEKO INGIERVEIEN AS: årsregnskap 2019 vs 2018

Grew 52% on revenue, cash halved-plus

approved 2020-03-16; registry 2020-04-07; journal 2020 280831

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AEKO INGIERVEIEN AS. Revenue 2.22m NOK → 3.39m NOK (+52.4%). Equity 6.74m NOK → 6.63m NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AEKO INGIERVEIEN AS.

At a glance

Revenue

2.22m NOK 3.39m NOK

+52.4%

Operating result

+1.26m NOK n/m

—

Net result

+742.4k NOK n/m

—

Equity

6.74m NOK 6.63m NOK

-1.6%

Cash

4.38m NOK 4 378 NOK

-99.9%

Total assets

14.70m NOK 50.87m NOK

+246.1%

↑
Revenue rose

Operating income / revenue moved from 2.22m NOK to 3.39m NOK (+52.4% YoY). Calculated

↓
Equity eroded

Book equity 6.74m NOK → 6.63m NOK (equity ratio 45.9% → 13.0%). Calculated
↓
Cash fell

Bank deposits 4.38m NOK → 4 378 NOK (-99.9% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (4.38m NOK → 4 378 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
Book investments changed

Investment / intangible book value -31.2k NOK → 28.90m NOK. Reported fact