FirmaIQ
Org.nr 989 176 935 2018 → 2019 Year-over-year analysis

AET HOLDING ARENDAL AS: årsregnskap 2019 vs 2018

Shrank 16% on revenue, stronger earnings

approved 2020-08-30; registry 2020-10-06; journal 2020 910067

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AET HOLDING ARENDAL AS. Revenue 808.0k NOK → 682.4k NOK (-15.5%). Net result +4 835 NOK → +3.97m NOK. Equity 7.73m NOK → 8.52m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
808.0k NOK 682.4k NOK
-15.5%
Operating result
n/m +383.4k NOK
—
Net result
+4 835 NOK +3.97m NOK
+81917.2%
Equity
7.73m NOK 8.52m NOK
+10.3%
Cash
2.24m NOK 3.09m NOK
+38.0%
Total assets
7.83m NOK 8.68m NOK
+10.9%

What improved

  • ↑

    Net result improved

    Net result +4 835 NOK → +3.97m NOK (net margin 0.6% → 581.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 7.73m NOK → 8.52m NOK (equity ratio 98.7% → 98.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.24m NOK → 3.09m NOK (+38.0% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 34.4k NOK → 6 NOK (4% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 808.0k NOK to 682.4k NOK (-15.5% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 40.3k NOK → 37.25m NOK (+92369.2% YoY). Calculated