AINNOVATE AS: årsregnskap 2019 vs 2018
Grew 83337% on revenue
approved 2020-08-12; registry 2020-09-12; journal 2020 798447
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AINNOVATE AS. Revenue 1 126 NOK → 939.5k NOK (+83337.4%). Equity 167.8k NOK → 196.1k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AINNOVATE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1 126 NOK to 939.5k NOK (+83337.4% YoY). Calculated
-
↑
Operating result improved
Operating result +81 NOK → +36.63m NOK (op. margin 7.2% → 3898.6%). Calculated
-
↑
Equity strengthened
Book equity 167.8k NOK → 196.1k NOK (equity ratio 30.1% → 54.3%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 502.4k NOK → 349.4k NOK (-30.4% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 681.8k NOK → 765.4k NOK (60550% → 81% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 11.4k NOK → 39.0k NOK (+243.1% YoY). Calculated