Org.nr 917 021 961 2019 → 2020 Year-over-year analysis

AIM AS: årsregnskap 2020 vs 2019

Weaker earnings, cash halved-plus

approved 2021-05-27; registry 2021-07-10; journal 2021 472209

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AIM AS. Net result -11.4k NOK → -59.2k NOK. Equity 98.1k NOK → 38.9k NOK.

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 AIM AS.

Scorecard

Operating result
-11.6k NOK -36.8k NOK
-217.6%
Net result
-11.4k NOK -59.2k NOK
-420.5%
Equity
98.1k NOK 38.9k NOK
-60.3%
Cash
54.4k NOK 10.8k NOK
-80.2%
Total assets
105.9k NOK 1.07m NOK
+909.6%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -11.6k NOK → -36.8k NOK. Calculated

  • ↓

    Net result weakened

    Net result -11.4k NOK → -59.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 98.1k NOK → 38.9k NOK (equity ratio 92.7% → 3.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 54.4k NOK → 10.8k NOK (-80.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation