FirmaIQ
Org.nr 917 351 538 2018 → 2019 Year-over-year analysis

AERA PAYMENT & IDENTIFICATION AS: årsregnskap 2019 vs 2018

Shrank 56% on revenue, fresh owner capital

approved 2020-05-06; registry 2020-08-13; journal 2020 669912

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AERA PAYMENT & IDENTIFICATION AS. Revenue 757.4k NOK → 329.6k NOK (-56.5%). Equity 59.74m NOK → 91.78m NOK.

On the constructive side: equity strengthened; owners injected capital. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AERA PAYMENT & IDENTIFICATION AS.

At a glance

Scorecard

Revenue
757.4k NOK 329.6k NOK
-56.5%
Operating result
n/m -90.08m NOK
—
Net result
n/m -92.96m NOK
—
Equity
59.74m NOK 91.78m NOK
+53.6%
Cash
54.42m NOK 46.65m NOK
-14.3%
Total assets
180.08m NOK 199.83m NOK
+11.0%

What improved

  • ↑

    Equity strengthened

    Book equity 59.74m NOK → 91.78m NOK (equity ratio 33.2% → 45.9%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 197.99m NOK → 322.99m NOK (+125.00m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 757.4k NOK to 329.6k NOK (-56.5% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 54.42m NOK → 46.65m NOK (-14.3% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 22.56m NOK → 35.16m NOK (2979% → 10667% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 3.78m NOK → 3.60m NOK. Reported fact