AIRCOMFORT TRØNDELAG AS: årsregnskap 2019 vs 2018
Shrank 8% on revenue, returned to profit
approved 2020-04-20; registry 2020-05-27; journal 2020 371071
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AIRCOMFORT TRØNDELAG AS. Revenue 60.77m NOK → 56.08m NOK (-7.7%). Net result -3.14m NOK → +719.6k NOK. Equity 5.94m NOK → 6.16m NOK.
On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AIRCOMFORT TRØNDELAG AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 3.14m NOK to a profit of 719.6k NOK. Calculated
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↑
Equity strengthened
Book equity 5.94m NOK → 6.16m NOK (equity ratio 43.1% → 37.0%). Calculated
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↑
Cash rose
Bank deposits 3.95m NOK → 4.97m NOK (+25.9% YoY). Calculated
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↑
Payroll decreased
Salary cost 22.78m NOK → 19.11m NOK (37% → 34% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 60.77m NOK to 56.08m NOK (-7.7% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 498.0k NOK → 562.1k NOK. Reported fact