Org.nr 999 593 747 2018 → 2019 Year-over-year analysis

AIRFLOW BOLIGVENTILASJON AS: årsregnskap 2019 vs 2018

Shrank 17% on revenue

approved 2020-09-08; registry 2020-09-29; journal 2020 871715

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AIRFLOW BOLIGVENTILASJON AS. Revenue 9.16m NOK → 7.61m NOK (-16.9%). Equity 434.6k NOK → 1.85m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AIRFLOW BOLIGVENTILASJON AS.

At a glance

Revenue

9.16m NOK 7.61m NOK

-16.9%

Operating result

n/m +716.5k NOK

—

Net result

n/m +410.8k NOK

—

Equity

434.6k NOK 1.85m NOK

+324.6%

Cash

275.8k NOK 330.8k NOK

+19.9%

Total assets

2.69m NOK 2.70m NOK

+0.4%

↑
Equity strengthened

Book equity 434.6k NOK → 1.85m NOK (equity ratio 16.2% → 68.3%). Calculated
↑
Cash rose

Bank deposits 275.8k NOK → 330.8k NOK (+19.9% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 9.16m NOK to 7.61m NOK (-16.9% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 1.29m NOK → 4.42m NOK (14% → 58% of revenue). Calculated