Org.nr 917 312 516 2018 → 2019 Year-over-year analysis

AI ACCOUNTING AS: årsregnskap 2019 vs 2018

Shrank 17% on revenue

approved 2020-08-30; registry 2020-09-23; journal 2020 847992

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AI ACCOUNTING AS. Revenue 3.63m NOK → 3.03m NOK (-16.6%). Equity 314.4k NOK → 315.2k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AI ACCOUNTING AS.

At a glance

Revenue

3.63m NOK 3.03m NOK

-16.6%

Operating result

+65.5k NOK +899 NOK

-98.6%

Net result

n/m +787 NOK

—

Equity

314.4k NOK 315.2k NOK

+0.3%

Cash

522.0k NOK 362.5k NOK

-30.6%

Total assets

1.28m NOK 152.5k NOK

-88.1%

↑
Payroll decreased

Salary cost 3.25m NOK → 2.85m NOK (89% → 94% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 3.63m NOK to 3.03m NOK (-16.6% YoY). Calculated
↓
Operating result weakened

Operating result +65.5k NOK → +899 NOK (op. margin 1.8% → 0.0%). Calculated
↓
Cash fell

Bank deposits 522.0k NOK → 362.5k NOK (-30.6% YoY). Calculated