FirmaIQ
Org.nr 994 273 728 2018 → 2019 Year-over-year analysis

AER FABER AS: årsregnskap 2019 vs 2018

Stronger earnings

approved 2020-04-15; registry 2020-04-20; journal 2020 297302

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AER FABER AS. Revenue 54.85m NOK → 53.47m NOK (-2.5%). Net result +483.6k NOK → +7.15m NOK. Equity 11.81m NOK → 13.96m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AER FABER AS.

At a glance

Scorecard

Revenue
54.85m NOK 53.47m NOK
-2.5%
Operating result
+9.82m NOK +9.27m NOK
-5.6%
Net result
+483.6k NOK +7.15m NOK
+1378.5%
Equity
11.81m NOK 13.96m NOK
+18.2%
Cash
10.09m NOK 14.73m NOK
+46.0%
Total assets
26.06m NOK 27.31m NOK
+4.8%

What improved

  • ↑

    Net result improved

    Net result +483.6k NOK → +7.15m NOK (net margin 0.9% → 13.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 11.81m NOK → 13.96m NOK (equity ratio 45.3% → 51.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 10.09m NOK → 14.73m NOK (+46.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 54.85m NOK to 53.47m NOK (-2.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +9.82m NOK → +9.27m NOK (op. margin 17.9% → 17.3%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2 NOK → 10.75m NOK (0% → 20% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 29.84m NOK → 28.52m NOK (-4.4% YoY). Calculated