FirmaIQ
Org.nr 979 693 745 2018 → 2019 Year-over-year analysis

AI BUSINESS LAB AS: årsregnskap 2019 vs 2018

Shrank 10% on revenue, cash halved-plus

approved 2020-05-27; registry 2020-06-10; journal 2020 410293

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AI BUSINESS LAB AS. Revenue 39.92m NOK → 35.97m NOK (-9.9%). Net result +3.93m NOK → +3.44m NOK. Equity 1.31m NOK → 2.19m 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 AI BUSINESS LAB AS.

At a glance

Scorecard

Revenue
39.92m NOK 35.97m NOK
-9.9%
Operating result
+5.71m NOK -82.3k NOK
-101.4%
Net result
+3.93m NOK +3.44m NOK
-12.6%
Equity
1.31m NOK 2.19m NOK
+67.6%
Cash
35.8k NOK 3 347 NOK
-90.7%
Total assets
8.44m NOK 8.35m NOK
-1.2%

What improved

  • ↑

    Equity strengthened

    Book equity 1.31m NOK → 2.19m NOK (equity ratio 15.5% → 26.2%). Calculated

  • ↑

    Payroll decreased

    Salary cost 17.95m NOK → 17.56m NOK (45% → 49% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 39.92m NOK to 35.97m NOK (-9.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +5.71m NOK → -82.3k NOK (op. margin 14.3% → -0.2%). Calculated

  • ↓

    Net result weakened

    Net result +3.93m NOK → +3.44m NOK (net margin 9.8% → 9.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 35.8k NOK → 3 347 NOK (-90.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 9.67m NOK → 7.39m NOK (-23.6% YoY). Calculated