AI INNOVATION CENTER AS: årsregnskap 2019 vs 2018
Returned to profit
approved 2020-03-31; registry 2020-04-07; journal 2020 281197
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AI INNOVATION CENTER AS. Revenue 0 NOK → 65.0k NOK. Net result -1 284 NOK → +1 583 NOK. Equity 6 881 NOK → 8 464 NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
0 NOK
65.0k NOK
—
Operating result
-1 668 NOK
+1 574 NOK
+194.4%
Net result
-1 284 NOK
+1 583 NOK
+223.3%
Equity
6 881 NOK
8 464 NOK
+23.0%
Cash
1 811 NOK
3 394 NOK
+87.4%
Total assets
8 856 NOK
8 464 NOK
-4.4%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 0 NOK to 65.0k NOK. Calculated
-
↑
Operating result improved
Operating result -1 668 NOK → +1 574 NOK. Calculated
-
↑
Turned profitable
Net result flipped from a loss of 1 284 NOK to a profit of 1 583 NOK. Calculated
-
↑
Equity strengthened
Book equity 6 881 NOK → 8 464 NOK (equity ratio 77.7% → 100.0%). Calculated
-
↑
Cash rose
Bank deposits 1 811 NOK → 3 394 NOK (+87.4% YoY). Calculated