Org.nr 853 040 592 2018 → 2019 Year-over-year analysis

AIRCOIL AS: årsregnskap 2019 vs 2018

Grew 9% on revenue

approved 2020-04-23; registry 2020-05-12; journal 2020 348222

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AIRCOIL AS. Revenue 31.05m NOK → 33.96m NOK (+9.4%). Equity 4.19m NOK → 6.17m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; cash fell.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AIRCOIL AS.

At a glance

Revenue

31.05m NOK 33.96m NOK

+9.4%

Operating result

+3.01m NOK +2.28m NOK

-24.3%

Equity

4.19m NOK 6.17m NOK

+47.4%

Cash

4.06m NOK 3.20m NOK

-21.0%

Total assets

9.11m NOK 9.68m NOK

+6.3%

↑
Revenue rose

Operating income / revenue moved from 31.05m NOK to 33.96m NOK (+9.4% YoY). Calculated
↑
Equity strengthened

Book equity 4.19m NOK → 6.17m NOK (equity ratio 46.0% → 63.7%). Calculated

↓
Operating result weakened

Operating result +3.01m NOK → +2.28m NOK (op. margin 9.7% → 6.7%). Calculated
↓
Cash fell

Bank deposits 4.06m NOK → 3.20m NOK (-21.0% YoY). Calculated

·
Payroll increased

Salary cost 4.35m NOK → 5.18m NOK (14% → 15% of revenue). Calculated
·
COGS moved

COGS / varekostnad 21.94m NOK → 24.73m NOK (+12.7% YoY). Calculated