Org.nr 918 264 620 2019 → 2020 Year-over-year analysis

AIACO AS: årsregnskap 2020 vs 2019

Grew 472100% on revenue, slipped into loss

approved 2021-05-28; registry 2021-06-03; journal 2021 381088

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AIACO AS. Revenue 1 NOK → 4 722 NOK (+472100.0%). Net result 0 NOK → -41.5k NOK. Equity 0 NOK → 0 NOK.

On the constructive side: revenue rose; cash rose. Pressures included: fell into a net loss.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIACO AS.

Scorecard

Revenue
1 NOK 4 722 NOK
+472100.0%
Operating result
n/m -41.5k NOK
—
Net result
0 NOK -41.5k NOK
—
Equity
0 NOK 0 NOK
0.0%
Cash
52.9k NOK 146.2k NOK
+176.1%
Total assets
6.00m NOK 6.58m NOK
+9.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 NOK to 4 722 NOK (+472100.0% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 52.9k NOK → 146.2k NOK (+176.1% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 0 NOK profit to a loss of 41.5k NOK. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation