Org.nr 919 086 742 2018 → 2019 Year-over-year analysis

AIGI AS: årsregnskap 2019 vs 2018

Grew 222% on revenue, weaker earnings

approved 2020-08-29; registry 2020-09-08; journal 2020 769864

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AIGI AS. Revenue 597.0k NOK → 1.92m NOK (+221.7%). Net result +386.8k NOK → +179.6k NOK. Equity 532.7k NOK → 712.3k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AIGI AS.

Scorecard

Revenue
597.0k NOK 1.92m NOK
+221.7%
Operating result
+525.6k NOK +234.4k NOK
-55.4%
Net result
+386.8k NOK +179.6k NOK
-53.6%
Equity
532.7k NOK 712.3k NOK
+33.7%
Cash
371.6k NOK 445.0k NOK
+19.7%
Total assets
952.5k NOK 955.1k NOK
+0.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 597.0k NOK to 1.92m NOK (+221.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 532.7k NOK → 712.3k NOK (equity ratio 55.9% → 74.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 371.6k NOK → 445.0k NOK (+19.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +525.6k NOK → +234.4k NOK (op. margin 88.0% → 12.2%). Calculated

  • ↓

    Net result weakened

    Net result +386.8k NOK → +179.6k NOK (net margin 64.8% → 9.4%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 553.4k NOK → 597.8k NOK (+8.0% YoY). Calculated