FirmaIQ
Org.nr 912 753 395 2019 → 2020 Year-over-year analysis

AI+ ARKITEKTER AS: årsregnskap 2020 vs 2019

Shrank 46% on revenue, slipped into loss, cash halved-plus

approved 2021-04-12; registry 2021-05-06; journal 2021 265465

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AI+ ARKITEKTER AS. Revenue 366.2k NOK → 199.4k NOK (-45.5%). Net result +82.5k NOK → -67.4k NOK. Equity -254.5k NOK → -322.0k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AI+ ARKITEKTER AS.

At a glance

Scorecard

Revenue
366.2k NOK 199.4k NOK
-45.5%
Operating result
+82.6k NOK -52.2k NOK
-163.2%
Net result
+82.5k NOK -67.4k NOK
-181.7%
Equity
-254.5k NOK -322.0k NOK
-26.5%
Cash
4 324 NOK 2 034 NOK
-53.0%
Total assets
44.4k NOK 26.4k NOK
-40.5%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 366.2k NOK to 199.4k NOK (-45.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +82.6k NOK → -52.2k NOK (op. margin 22.6% → -26.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 82.5k NOK profit to a loss of 67.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -254.5k NOK → -322.0k NOK (equity ratio -573.6% → -1219.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 4 324 NOK → 2 034 NOK (-53.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1219.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 39.7k NOK → 0 NOK (-100.0% YoY). Calculated