Org.nr 917 806 144 2019 → 2020 Year-over-year analysis

AERIAL VISUALS AS: årsregnskap 2020 vs 2019

Shrank 36% on revenue, slipped into loss

approved 2021-04-26; registry 2021-04-28; journal 2021 237105

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AERIAL VISUALS AS. Revenue 150.6k NOK → 97.0k NOK (-35.6%). Net result 0 NOK → -79.7k NOK. Equity 126.6k NOK → 46.9k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for AERIAL VISUALS AS.

Scorecard

Revenue
150.6k NOK 97.0k NOK
-35.6%
Operating result
0 NOK -79.8k NOK
—
Net result
0 NOK -79.7k NOK
—
Equity
126.6k NOK 46.9k NOK
-63.0%
Cash
74.8k NOK 38.8k NOK
-48.1%
Total assets
273.2k NOK 168.8k NOK
-38.2%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 150.6k NOK to 97.0k NOK (-35.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result 0 NOK → -79.8k NOK (op. margin 0.0% → -82.3%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 0 NOK profit to a loss of 79.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 126.6k NOK → 46.9k NOK (equity ratio 46.3% → 27.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 74.8k NOK → 38.8k NOK (-48.1% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 126.6k NOK → 120.0k NOK — check capital reduction, conversion, or reclassification. Interpretation