AIDCOM HOLDING AS: årsregnskap 2019 vs 2018
Grew 7% on revenue, weaker earnings
approved 2020-05-25; registry 2020-06-09; journal 2020 403039
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AIDCOM HOLDING AS. Revenue 1.37m NOK → 1.46m NOK (+6.9%). Net result +7.14m NOK → +373.0k NOK. Equity -1.02m NOK → -643.2k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for AIDCOM HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.37m NOK to 1.46m NOK (+6.9% YoY). Calculated
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↑
Operating result improved
Operating result +170.0k NOK → +391.3k NOK (op. margin 12.4% → 26.8%). Calculated
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↑
Equity strengthened
Book equity -1.02m NOK → -643.2k NOK (equity ratio -475.4% → -334.3%). Calculated
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↑
Cash rose
Bank deposits 13.0k NOK → 183.7k NOK (+1308.1% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +7.14m NOK → +373.0k NOK (net margin 522.0% → 25.5%). Calculated
Things to notice
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·
Payroll increased
Salary cost 459.7k NOK → 905.9k NOK (34% → 62% of revenue). Calculated