Org.nr 991 528 261 2018 → 2019 Year-over-year analysis

AIRAM EIENDOM AS: årsregnskap 2019 vs 2018

Weaker earnings

approved 2020-06-29; registry 2020-07-06; journal 2020 548004

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AIRAM EIENDOM AS. Revenue 694.1k NOK → 706.2k NOK (+1.7%). Net result +208.5k NOK → +82.5k NOK. Equity 11.19m NOK → 11.11m NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
694.1k NOK 706.2k NOK
+1.7%
Operating result
+273.9k NOK +125.5k NOK
-54.2%
Net result
+208.5k NOK +82.5k NOK
-60.5%
Equity
11.19m NOK 11.11m NOK
-0.7%
Cash
1.87m NOK 1.85m NOK
-1.0%
Total assets
11.27m NOK 11.21m NOK
-0.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 694.1k NOK to 706.2k NOK (+1.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 535.9k NOK → 380.8k NOK (77% → 54% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +273.9k NOK → +125.5k NOK (op. margin 39.5% → 17.8%). Calculated

  • ↓

    Net result weakened

    Net result +208.5k NOK → +82.5k NOK (net margin 30.0% → 11.7%). Calculated

  • ↓

    Equity eroded

    Book equity 11.19m NOK → 11.11m NOK (equity ratio 99.3% → 99.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.87m NOK → 1.85m NOK (-1.0% YoY). Calculated