AILO EIENDOM AS: årsregnskap 2020 vs 2019
Grew 18% on revenue, weaker earnings, cash halved-plus
approved 2021-08-07; registry 2021-09-06; journal 2021 721114
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AILO EIENDOM AS. Revenue 417.9k NOK → 493.7k NOK (+18.1%). Net result -123.4k NOK → -526.6k NOK. Equity 8.11m NOK → 12 NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AILO EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 417.9k NOK to 493.7k NOK (+18.1% YoY). Calculated
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↑
Payroll decreased
Salary cost 3.51m NOK → 2 NOK (840% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -63.0k NOK → -256.3k NOK (op. margin -15.1% → -51.9%). Calculated
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↓
Net result weakened
Net result -123.4k NOK → -526.6k NOK (net margin -29.5% → -106.7%). Calculated
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↓
Equity eroded
Book equity 8.11m NOK → 12 NOK (equity ratio 279.1% → 0.0%). Calculated
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↓
Cash fell
Bank deposits 622.1k NOK → 83.9k NOK (-86.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation