FirmaIQ
Org.nr 914 348 684 2018 → 2019 Year-over-year analysis

AIRCONTACT GROUP INVEST AS: årsregnskap 2019 vs 2018

Weaker earnings, fresh owner capital

approved 2020-04-28; registry 2020-07-25; journal 2020 606309

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AIRCONTACT GROUP INVEST AS. Revenue 616.8k NOK → 629.8k NOK (+2.1%). Net result -439.9k NOK → -691.1k NOK. Equity 5.55m NOK → 10.55m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AIRCONTACT GROUP INVEST AS.

At a glance

Scorecard

Revenue
616.8k NOK 629.8k NOK
+2.1%
Operating result
n/m -213.3k NOK
—
Net result
-439.9k NOK -691.1k NOK
-57.1%
Equity
5.55m NOK 10.55m NOK
+90.0%
Cash
482.3k NOK 775.6k NOK
+60.8%
Total assets
29.74m NOK 29.03m NOK
-2.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 616.8k NOK to 629.8k NOK (+2.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 5.55m NOK → 10.55m NOK (equity ratio 18.7% → 36.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 482.3k NOK → 775.6k NOK (+60.8% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 4.86m NOK → 10.47m NOK (+5.60m NOK). Reported fact

What deteriorated

  • ↓

    Net result weakened

    Net result -439.9k NOK → -691.1k NOK (net margin -71.3% → -109.7%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 10.2k NOK → 10.18m NOK. Reported fact