AERO-TEC AS: årsregnskap 2018 vs 2017
Grew 40% on revenue
approved 2019-06-30; registry 2019-08-05; journal 2019 863888
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AERO-TEC AS. Revenue 1.26m NOK → 1.77m NOK (+39.9%). Equity 670.1k NOK → 854.5k NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for AERO-TEC AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.26m NOK to 1.77m NOK (+39.9% YoY). Calculated
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↑
Equity strengthened
Book equity 670.1k NOK → 854.5k NOK (equity ratio 45.7% → 52.8%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.20× → 1.79×. Calculated
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↑
Payroll decreased
Salary cost 202.1k NOK → 5 643 NOK (16% → 0% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 15.1k NOK → 9 035 NOK (-40.4% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 131.3k NOK → 386.3k NOK (+194.1% YoY). Calculated