Org.nr 918 076 905 2019 → 2020 Year-over-year analysis

AERO HOLDING AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-07-27; registry 2021-08-16; journal 2021 615058

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AERO HOLDING AS. Net result +40.0k NOK → +56.8k NOK. Equity 355.5k NOK → 412.3k NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: operating result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AERO HOLDING AS.

At a glance

Operating result

-25.6k NOK -27.1k NOK

-5.9%

Net result

+40.0k NOK +56.8k NOK

+41.9%

Equity

355.5k NOK 412.3k NOK

+16.0%

Cash

3 341 NOK 182.2k NOK

+5352.6%

Total assets

2.68m NOK 4.04m NOK

+50.6%

↑
Net result improved

Net result +40.0k NOK → +56.8k NOK. Calculated
↑
Equity strengthened

Book equity 355.5k NOK → 412.3k NOK (equity ratio 13.3% → 10.2%). Calculated
↑
Cash rose

Bank deposits 3 341 NOK → 182.2k NOK (+5352.6% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.93× → 19.61×. Calculated

↓
Operating result weakened

Operating result -25.6k NOK → -27.1k NOK. Calculated

·
Book investments changed

Investment / intangible book value 2.50m NOK → 3.68m NOK. Reported fact