AIM DESIGN AS: årsregnskap 2020 vs 2019
Shrank 72% on revenue, weaker earnings
approved 2021-02-26; registry 2021-03-01; journal 2021 130508
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AIM DESIGN AS. Revenue 597.8k NOK → 168.0k NOK (-71.9%). Net result +1.15m NOK → +41.5k NOK. Equity 3.14m NOK → 3.18m NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; 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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↑
Equity strengthened
Book equity 3.14m NOK → 3.18m NOK (equity ratio 87.9% → 98.8%). Calculated
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↑
Cash rose
Bank deposits 1.82m NOK → 2.82m NOK (+55.1% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.49× → 92.69×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 597.8k NOK to 168.0k NOK (-71.9% YoY). Calculated
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↓
Operating result weakened
Operating result +443.7k NOK → -3 124 NOK (op. margin 74.2% → -1.9%). Calculated
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↓
Net result weakened
Net result +1.15m NOK → +41.5k NOK (net margin 192.2% → 24.7%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.00m NOK → 42.9k NOK (-95.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1.36m NOK → 18.1k NOK. Reported fact