Org.nr 916 731 221 2018 → 2019 Year-over-year analysis

AERO ENGINEERING AS: årsregnskap 2019 vs 2018

A steady year on the published lines

approved 2020-02-01; registry 2020-04-07; journal 2020 282970

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AERO ENGINEERING AS. Revenue 2.15m NOK → 2.21m NOK (+2.8%). Equity 861.6k NOK → 1.33m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AERO ENGINEERING AS.

Scorecard

Revenue
2.15m NOK 2.21m NOK
+2.8%
Operating result
+1 121 NOK +1.14m NOK
+101962.5%
Net result
n/m +915.6k NOK
—
Equity
861.6k NOK 1.33m NOK
+54.0%
Cash
279.7k NOK 1.23m NOK
+339.4%
Total assets
1.69m NOK 2.13m NOK
+25.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.15m NOK to 2.21m NOK (+2.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1 121 NOK → +1.14m NOK (op. margin 0.1% → 51.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 861.6k NOK → 1.33m NOK (equity ratio 50.8% → 62.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 279.7k NOK → 1.23m NOK (+339.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 845.8k NOK → 855.8k NOK (39% → 39% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 41.8k NOK → 80.6k NOK (+92.9% YoY). Calculated