AIFIX AS: årsregnskap 2019 vs 2018
Shrank 10% on revenue, weaker earnings
approved 2020-02-24; registry 2020-03-03; journal 2020 226134
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AIFIX AS. Revenue 870.6k NOK → 781.8k NOK (-10.2%). Net result +158.7k NOK → +20.5k NOK. Equity 352.7k NOK → 373.2k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 352.7k NOK → 373.2k NOK (equity ratio 62.8% → 66.0%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 870.6k NOK to 781.8k NOK (-10.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +205.7k NOK → +26.2k NOK (op. margin 23.6% → 3.4%). Calculated
-
↓
Net result weakened
Net result +158.7k NOK → +20.5k NOK (net margin 18.2% → 2.6%). Calculated
-
↓
Cash fell
Bank deposits 467.7k NOK → 386.9k NOK (-17.3% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 619.1k NOK → 725.0k NOK (71% → 93% of revenue). Calculated