FirmaIQ
Org.nr 915 909 663 2018 → 2019 Year-over-year analysis

AESSE MANAGEMENT AS: årsregnskap 2019 vs 2018

Grew 8% on revenue, weaker earnings, cash halved-plus

approved 2020-03-26; registry 2020-04-01; journal 2020 269951

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AESSE MANAGEMENT AS. Revenue 23.54m NOK → 25.44m NOK (+8.1%). Net result +48.0k NOK → +3 NOK. Equity -4 952 NOK → 43.0k NOK.

On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; cash fell.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for AESSE MANAGEMENT AS.

At a glance

Scorecard

Revenue
23.54m NOK 25.44m NOK
+8.1%
Operating result
+62.2k NOK +685 NOK
-98.9%
Net result
+48.0k NOK +3 NOK
-100.0%
Equity
-4 952 NOK 43.0k NOK
+969.1%
Cash
867.5k NOK 315.2k NOK
-63.7%
Total assets
6.17m NOK 6.93m NOK
+12.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 23.54m NOK to 25.44m NOK (+8.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity -4 952 NOK → 43.0k NOK (equity ratio -0.1% → 0.6%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 1.00× → 1.01×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +62.2k NOK → +685 NOK (op. margin 0.3% → 0.0%). Calculated

  • ↓

    Net result weakened

    Net result +48.0k NOK → +3 NOK (net margin 0.2% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 867.5k NOK → 315.2k NOK (-63.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 22.51m NOK → 24.16m NOK (96% → 95% of revenue). Calculated