AIM EIE AS: årsregnskap 2020 vs 2019
Grew 18% on revenue, stronger earnings
approved 2021-03-06; registry 2021-03-15; journal 2021 144963
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AIM EIE AS. Revenue 259.6k NOK → 305.5k NOK (+17.7%). Net result +485.3k NOK → +2.61m NOK. Equity 2.52m NOK → 537.8k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIM EIE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 259.6k NOK to 305.5k NOK (+17.7% YoY). Calculated
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↑
Net result improved
Net result +485.3k NOK → +2.61m NOK (net margin 187.0% → 855.5%). Calculated
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↑
Cash rose
Bank deposits 86.5k NOK → 329.3k NOK (+280.7% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 2.52m NOK → 537.8k NOK (equity ratio 25.0% → 5.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 5.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation