AIDO AS: årsregnskap 2020 vs 2019
Grew 25% on revenue, returned to profit
approved 2021-05-12; registry 2021-06-03; journal 2021 387516
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AIDO AS. Revenue 55.5k NOK → 69.4k NOK (+25.0%). Net result -151.9k NOK → +63.0k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for AIDO AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 55.5k NOK to 69.4k NOK (+25.0% YoY). Calculated
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Operating result improved
Operating result -151.3k NOK → +63.8k NOK (op. margin -272.5% → 91.9%). Calculated
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Turned profitable
Net result flipped from a loss of 151.9k NOK to a profit of 63.0k NOK. Calculated
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Cash rose
Bank deposits 10.5k NOK → 63.5k NOK (+507.8% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.26× → 1.65×. Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 720.0k NOK → 990 NOK — check capital reduction, conversion, or reclassification. Interpretation
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COGS fell
COGS / varekostnad 62.6k NOK → -80.0k NOK (-227.7% YoY). Calculated