FirmaIQ
Org.nr 989 797 425 2018 → 2019 Year-over-year analysis

AERIS AS: årsregnskap 2019 vs 2018

Shrank 18% on revenue, stronger earnings

approved 2020-09-21; registry 2020-09-24; journal 2020 850562

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AERIS AS. Revenue 13.95m NOK → 11.38m NOK (-18.5%). Net result +103.7k NOK → +126.3k NOK. Equity 1.39m NOK → 1.52m NOK.

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

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

At a glance

Scorecard

Revenue
13.95m NOK 11.38m NOK
-18.5%
Operating result
n/m +158.5k NOK
—
Net result
+103.7k NOK +126.3k NOK
+21.8%
Equity
1.39m NOK 1.52m NOK
+9.1%
Cash
840.0k NOK 1.60m NOK
+90.7%
Total assets
4.90m NOK 3.06m NOK
-37.4%

What improved

  • ↑

    Net result improved

    Net result +103.7k NOK → +126.3k NOK (net margin 0.7% → 1.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.39m NOK → 1.52m NOK (equity ratio 28.4% → 49.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 840.0k NOK → 1.60m NOK (+90.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 13.95m NOK to 11.38m NOK (-18.5% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.95m NOK → 2.96m NOK (21% → 26% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 9.38m NOK → 7.02m NOK (-25.1% YoY). Calculated