AIMAS AS: årsregnskap 2020 vs 2019
Grew 12% on revenue, weaker earnings, cash halved-plus
approved 2021-05-29; registry 2021-06-01; journal 2021 364398
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AIMAS AS. Revenue 137.7k NOK → 154.0k NOK (+11.8%). Net result -17.7k NOK → -38.9k NOK. Equity -56.1k NOK → -95.6k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AIMAS AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 137.7k NOK to 154.0k NOK (+11.8% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -22.6k NOK → -48.2k NOK (op. margin -16.4% → -31.3%). Calculated
-
↓
Net result weakened
Net result -17.7k NOK → -38.9k NOK (net margin -12.9% → -25.3%). Calculated
-
↓
Equity eroded
Book equity -56.1k NOK → -95.6k NOK (equity ratio -43.4% → -77.9%). Calculated
-
↓
Cash fell
Bank deposits 9 907 NOK → 3 806 NOK (-61.6% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -77.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 84.7k NOK → 72.3k NOK (-14.7% YoY). Calculated