AIBEL AS: årsregnskap 2019 vs 2018
Grew 58% on revenue
approved 2020-03-04; registry 2020-10-03; journal 2020 897973
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AIBEL AS. Revenue 7.29bn NOK → 11.55bn NOK (+58.5%). Equity 1.09bn NOK → 1.36bn NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AIBEL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7.29bn NOK to 11.55bn NOK (+58.5% YoY). Calculated
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↑
Equity strengthened
Book equity 1.09bn NOK → 1.36bn NOK (equity ratio 23.4% → 23.3%). Calculated
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↑
Cash rose
Bank deposits 246.27m NOK → 945.06m NOK (+283.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +490.15m NOK → +449.39m NOK (op. margin 6.7% → 3.9%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.63bn NOK → 5.68bn NOK (36% → 49% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2.43bn NOK → 4.65bn NOK (+91.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 62.39m NOK → 62.42m NOK. Reported fact