Org.nr 919 822 163 2018 → 2019 Year-over-year analysis

AIP YARD AS: årsregnskap 2019 vs 2018

Another loss-making year

approved 2020-02-24; registry 2020-07-23; journal 2020 602915

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AIP YARD AS. Revenue 0 NOK → 26.40m NOK. Net result -17.3k NOK → -9 593 NOK. Equity -915 NOK → -10.5k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AIP YARD AS.

Scorecard

Revenue
0 NOK 26.40m NOK
—
Operating result
-16.7k NOK -10.1k NOK
+39.6%
Net result
-17.3k NOK -9 593 NOK
+44.4%
Equity
-915 NOK -10.5k NOK
-1048.4%
Cash
19.5k NOK 35.9k NOK
+83.9%
Total assets
19.5k NOK 35.9k NOK
+83.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 26.40m NOK. Calculated

  • ↑

    Operating result improved

    Operating result -16.7k NOK → -10.1k NOK. Calculated

  • ↑

    Net result improved

    Net result -17.3k NOK → -9 593 NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 19.5k NOK → 35.9k NOK (+83.9% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -915 NOK → -10.5k NOK (equity ratio -4.7% → -29.2%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -29.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 552 NOK → 24.8k NOK (+4392.0% YoY). Calculated