AERA PAYMENT & IDENTIFICATION AS: årsregnskap 2020 vs 2019
Grew 5594% on revenue, weaker earnings
registry 2021-07-28; journal 2021 551785
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AERA PAYMENT & IDENTIFICATION AS. Revenue 329.6k NOK → 18.76m NOK (+5593.6%). Net result -92.96m NOK → -172.62m NOK. Equity 91.78m NOK → 14.12bn NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for AERA PAYMENT & IDENTIFICATION AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 329.6k NOK to 18.76m NOK (+5593.6% YoY). Calculated
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↑
Equity strengthened
Book equity 91.78m NOK → 14.12bn NOK (equity ratio 45.9% → 8781.5%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -90.08m NOK → -160.07m NOK (op. margin -27333.0% → -853.0%). Calculated
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↓
Net result weakened
Net result -92.96m NOK → -172.62m NOK (net margin -28206.1% → -919.9%). Calculated
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↓
Cash fell
Bank deposits 46.65m NOK → 38.50m NOK (-17.5% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 322.99m NOK → 119.17m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 35.16m NOK → 63.32m NOK (10667% → 337% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 999 NOK → 20.81m NOK (+2082708.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 3.60m NOK → 4.33m NOK. Reported fact