AEROTECH AS: årsregnskap 2019 vs 2018
Stronger earnings, cash halved-plus
approved 2020-06-14; registry 2020-06-24; journal 2020 487611
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AEROTECH AS. Revenue 0 NOK → 100.0k NOK. Net result +29.4k NOK → +70.1k NOK. Equity 34.4k NOK → 104.5k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
0 NOK
100.0k NOK
—
Operating result
+29.4k NOK
+70.2k NOK
+138.9%
Net result
+29.4k NOK
+70.1k NOK
+138.8%
Equity
34.4k NOK
104.5k NOK
+203.9%
Cash
41.4k NOK
11.5k NOK
-72.2%
Total assets
41.4k NOK
111.5k NOK
+169.3%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 0 NOK to 100.0k NOK. Calculated
-
↑
Operating result improved
Operating result +29.4k NOK → +70.2k NOK. Calculated
-
↑
Net result improved
Net result +29.4k NOK → +70.1k NOK. Calculated
-
↑
Equity strengthened
Book equity 34.4k NOK → 104.5k NOK (equity ratio 83.0% → 93.7%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 41.4k NOK → 11.5k NOK (-72.2% YoY). Calculated