AEM SERVICE AS: årsregnskap 2019 vs 2018
Shrank 99% on revenue, cash halved-plus
approved 2020-08-31; registry 2020-09-09; journal 2020 780192
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AEM SERVICE AS. Revenue 307.1k NOK → 1 575 NOK (-99.5%).
Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
307.1k NOK
1 575 NOK
-99.5%
Operating result
n/m
-120.1k NOK
—
Net result
n/m
-120.1k NOK
—
Equity
12.20m NOK
n/m
—
Cash
350.0k NOK
32.4k NOK
-90.7%
Total assets
474.8k NOK
353.2k NOK
-25.6%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 307.1k NOK to 1 575 NOK (-99.5% YoY). Calculated
-
↓
Cash fell
Bank deposits 350.0k NOK → 32.4k NOK (-90.7% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.81× → 0.57× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
COGS moved
COGS / varekostnad 25.8k NOK → 74.1k NOK (+187.3% YoY). Calculated