AIM GROUP AS: årsregnskap 2020 vs 2019
Shrank 74% on revenue, slipped into loss
approved 2021-05-31; registry 2021-08-07; journal 2021 612956
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AIM GROUP AS. Revenue 824.0k NOK → 215.8k NOK (-73.8%). Net result 0 NOK → -326.1k NOK. Equity 13.15m NOK → -178.8k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AIM GROUP AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 824.0k NOK to 215.8k NOK (-73.8% YoY). Calculated
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Operating result weakened
Operating result 0 NOK → -319.8k NOK (op. margin 0.0% → -148.2%). Calculated
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Fell into a net loss
Net result flipped from 0 NOK profit to a loss of 326.1k NOK. Calculated
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Equity eroded
Book equity 13.15m NOK → -178.8k NOK (equity ratio 4954.8% → -83.8%). Calculated
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Cash fell
Bank deposits 22.9k NOK → 20.5k NOK (-10.3% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -83.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 548.1k NOK → 218.1k NOK (-60.2% YoY). Calculated