AGGRATOR INKUBATOR ÅS AS: årsregnskap 2019 vs 2018
Shrank 30% on revenue, weaker earnings
approved 2020-06-08; registry 2020-09-12; journal 2020 799611
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AGGRATOR INKUBATOR ÅS AS. Revenue 7.18m NOK → 5.03m NOK (-29.9%). Net result +4.10m NOK → +46.9k NOK. Equity 1.19m NOK → 1.24m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGGRATOR INKUBATOR ÅS AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1.19m NOK → 1.24m NOK (equity ratio 63.8% → 53.7%). Calculated
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↑
Payroll decreased
Salary cost 3.18m NOK → 2.51m NOK (44% → 50% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 7.18m NOK to 5.03m NOK (-29.9% YoY). Calculated
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↓
Operating result weakened
Operating result +91.9k NOK → +46.7k NOK (op. margin 1.3% → 0.9%). Calculated
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↓
Net result weakened
Net result +4.10m NOK → +46.9k NOK (net margin 57.1% → 0.9%). Calculated
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↓
Cash fell
Bank deposits 1.14m NOK → 820.6k NOK (-28.2% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 3.00m NOK → 1.16m NOK (-61.3% YoY). Calculated