FirmaIQ
Org.nr 937 775 741 2018 → 2019 Year-over-year analysis

AERON AS: årsregnskap 2019 vs 2018

Grew 76% on revenue, stronger earnings, cash halved-plus

approved 2020-03-17; registry 2020-06-15; journal 2020 436253

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AERON AS. Revenue 238.53m NOK → 420.95m NOK (+76.5%). Net result +2 017 NOK → +4.91m NOK. Equity 34.93m NOK → 40.47m NOK.

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

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

At a glance

Scorecard

Revenue
238.53m NOK 420.95m NOK
+76.5%
Operating result
n/m +7.67m NOK
—
Net result
+2 017 NOK +4.91m NOK
+243433.6%
Equity
34.93m NOK 40.47m NOK
+15.9%
Cash
253.2k NOK 31.1k NOK
-87.7%
Total assets
95.33m NOK 148.48m NOK
+55.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 238.53m NOK to 420.95m NOK (+76.5% YoY). Calculated

  • ↑

    Net result improved

    Net result +2 017 NOK → +4.91m NOK (net margin 0.0% → 1.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 34.93m NOK → 40.47m NOK (equity ratio 36.6% → 27.3%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 86.75m NOK → 94.87m NOK (+8.13m NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 253.2k NOK → 31.1k NOK (-87.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 71.64m NOK → 83.51m NOK (30% → 20% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 3.15bn NOK → 3.30bn NOK (+4.9% YoY). Calculated