Org.nr 971 646 721 2018 → 2019 Year-over-year analysis

AIIE INVEST AS: årsregnskap 2019 vs 2018

Shrank 85% on revenue, returned to profit

approved 2020-05-15; registry 2020-06-24; journal 2020 484586

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AIIE INVEST AS. Revenue 821.5k NOK → 124.0k NOK (-84.9%). Net result -56.6k NOK → +352.8k NOK. Equity 8 810 NOK → 361.6k NOK.

On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue; cogs moved.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
821.5k NOK 124.0k NOK
-84.9%
Operating result
n/m +455.1k NOK
—
Net result
-56.6k NOK +352.8k NOK
+723.6%
Equity
8 810 NOK 361.6k NOK
+4004.3%
Cash
119.5k NOK 139.3k NOK
+16.6%
Total assets
739.4k NOK 50.5k NOK
-93.2%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 56.6k NOK to a profit of 352.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 8 810 NOK → 361.6k NOK (equity ratio 1.2% → 715.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 119.5k NOK → 139.3k NOK (+16.6% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.55× → 1.50×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 821.5k NOK to 124.0k NOK (-84.9% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.26m NOK → 1.32m NOK (153% → 1066% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 226.8k NOK → 3.38m NOK (+1388.0% YoY). Calculated