Org.nr 991 618 953 2018 → 2019 Year-over-year analysis

AIK VVS AS: årsregnskap 2019 vs 2018

Grew 498% on revenue

approved 2020-06-30; registry 2020-07-13; journal 2020 580094

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AIK VVS AS. Revenue 126.5k NOK → 756.8k NOK (+498.1%). Equity 87.4k NOK → 278.7k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AIK VVS AS.

Scorecard

Revenue
126.5k NOK 756.8k NOK
+498.1%
Operating result
+89.4k NOK +223.4k NOK
+149.8%
Net result
n/m +191.4k NOK
—
Equity
87.4k NOK 278.7k NOK
+219.0%
Cash
42.5k NOK 187.0k NOK
+340.2%
Total assets
333.3k NOK 619.7k NOK
+85.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 126.5k NOK to 756.8k NOK (+498.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +89.4k NOK → +223.4k NOK (op. margin 70.7% → 29.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 87.4k NOK → 278.7k NOK (equity ratio 26.2% → 45.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 42.5k NOK → 187.0k NOK (+340.2% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.53× → 1.47×. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 496.7k NOK → 583.2k NOK (393% → 77% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 589.5k NOK → 735.9k NOK (+24.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 58.3k NOK → 21.9k NOK. Reported fact