Org.nr 996 599 523 2018 → 2019 Year-over-year analysis

AERO-TEC AS: årsregnskap 2019 vs 2018

Grew 32% on revenue

approved 2020-05-25; registry 2020-07-27; journal 2020 626389

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AERO-TEC AS. Revenue 1.77m NOK → 2.34m NOK (+32.5%). Equity 854.5k NOK → 162.4k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AERO-TEC AS.

At a glance

Revenue

1.77m NOK 2.34m NOK

+32.5%

Operating result

n/m +428.1k NOK

—

Net result

n/m +307.9k NOK

—

Equity

854.5k NOK 162.4k NOK

-81.0%

Cash

9 035 NOK 43.1k NOK

+377.5%

Total assets

1.62m NOK 1.70m NOK

+4.9%

↑
Revenue rose

Operating income / revenue moved from 1.77m NOK to 2.34m NOK (+32.5% YoY). Calculated
↑
Cash rose

Bank deposits 9 035 NOK → 43.1k NOK (+377.5% YoY). Calculated

↓
Equity eroded

Book equity 854.5k NOK → 162.4k NOK (equity ratio 52.8% → 9.6%). Calculated

·
Thin equity buffer

Equity ratio is 9.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS moved

COGS / varekostnad 386.3k NOK → 699.9k NOK (+81.2% YoY). Calculated