FirmaIQ
Org.nr 918 440 445 2019 → 2020 Year-over-year analysis

AIC INTELLIGENT COMMUNICATION AS: årsregnskap 2020 vs 2019

Shrank 36% on revenue, slipped into loss

approved 2021-05-26; registry 2021-06-29; journal 2021 416158

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AIC INTELLIGENT COMMUNICATION AS. Revenue 3.71m NOK → 2.37m NOK (-36.1%). Net result +231.4k NOK → -2.23m NOK. Equity 1.48m NOK → -752.5k NOK.

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

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

At a glance

Scorecard

Revenue
3.71m NOK 2.37m NOK
-36.1%
Operating result
+2 558 NOK -1.78m NOK
-69856.6%
Net result
+231.4k NOK -2.23m NOK
-1063.1%
Equity
1.48m NOK -752.5k NOK
-151.0%
Cash
189.3k NOK 489.4k NOK
+158.5%
Total assets
13.60m NOK 12.64m NOK
-7.1%

What improved

  • ↑

    Cash rose

    Bank deposits 189.3k NOK → 489.4k NOK (+158.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.71m NOK to 2.37m NOK (-36.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2 558 NOK → -1.78m NOK (op. margin 0.1% → -75.3%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 231.4k NOK profit to a loss of 2.23m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.48m NOK → -752.5k NOK (equity ratio 10.9% → -6.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -6.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation