Org.nr 911 840 529 2018 → 2019 Year-over-year analysis

AICONDI AS: årsregnskap 2019 vs 2018

Grew 78% on revenue

approved 2020-08-28; registry 2020-08-31; journal 2020 750676

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AICONDI AS. Revenue 75.9k NOK → 134.8k NOK (+77.7%). Net result -20.8k NOK → -29.4k NOK. Equity 32.8k NOK → 3 487 NOK.

On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for AICONDI AS.

Scorecard

Revenue
75.9k NOK 134.8k NOK
+77.7%
Operating result
-20.4k NOK -29.0k NOK
-42.1%
Net result
-20.8k NOK -29.4k NOK
-41.3%
Equity
32.8k NOK 3 487 NOK
-89.4%
Cash
7 747 NOK 7 087 NOK
-8.5%
Total assets
31.1k NOK 26.0k NOK
-16.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 75.9k NOK to 134.8k NOK (+77.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio -17.78× → 1.16×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -20.4k NOK → -29.0k NOK (op. margin -26.9% → -21.5%). Calculated

  • ↓

    Net result weakened

    Net result -20.8k NOK → -29.4k NOK (net margin -27.4% → -21.8%). Calculated

  • ↓

    Equity eroded

    Book equity 32.8k NOK → 3 487 NOK (equity ratio 105.6% → 13.4%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 63.8k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation