AIM DESIGN AS: årsregnskap 2019 vs 2018
Grew 51% on revenue, stronger earnings
approved 2020-02-22; registry 2020-02-25; journal 2020 217309
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AIM DESIGN AS. Revenue 394.9k NOK → 597.8k NOK (+51.4%). Net result +169.2k NOK → +1.15m NOK. Equity 1.99m NOK → 3.14m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AIM DESIGN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 394.9k NOK to 597.8k NOK (+51.4% YoY). Calculated
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Operating result improved
Operating result +186.1k NOK → +443.7k NOK (op. margin 47.1% → 74.2%). Calculated
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Net result improved
Net result +169.2k NOK → +1.15m NOK (net margin 42.8% → 192.2%). Calculated
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Equity strengthened
Book equity 1.99m NOK → 3.14m NOK (equity ratio 94.3% → 87.9%). Calculated
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Cash rose
Bank deposits 77.0k NOK → 1.82m NOK (+2259.2% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 4.84× → 0.49× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 94.8k NOK → 1.00m NOK (+959.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1.57m NOK → 1.36m NOK. Reported fact