AIRDESIGN AS: årsregnskap 2019 vs 2018
Shrank 14% on revenue
approved 2020-03-19; registry 2020-03-30; journal 2020 264467
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AIRDESIGN AS. Revenue 776.5k NOK → 664.0k NOK (-14.5%). Net result +16.4k NOK → +19.1k NOK. Equity 546.4k NOK → 565.6k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +23.0k NOK → +26.6k NOK (op. margin 3.0% → 4.0%). Calculated
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↑
Net result improved
Net result +16.4k NOK → +19.1k NOK (net margin 2.1% → 2.9%). Calculated
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↑
Equity strengthened
Book equity 546.4k NOK → 565.6k NOK (equity ratio 73.2% → 71.4%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 776.5k NOK to 664.0k NOK (-14.5% YoY). Calculated
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↓
Cash fell
Bank deposits 136.4k NOK → 79.8k NOK (-41.5% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 483.3k NOK → 547.7k NOK (62% → 82% of revenue). Calculated