AITA AS: årsregnskap 2019 vs 2018
Grew 10% on revenue, weaker earnings, cash halved-plus
approved 2020-06-29; registry 2020-07-08; journal 2020 545512
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AITA AS. Revenue 5.26m NOK → 5.78m NOK (+9.8%). Net result +7.50m NOK → +647.5k NOK. Equity 582.0k NOK → 729.5k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: net result weakened; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
5.26m NOK
5.78m NOK
+9.8%
Operating result
n/m
+839.3k NOK
—
Net result
+7.50m NOK
+647.5k NOK
-91.4%
Equity
582.0k NOK
729.5k NOK
+25.3%
Cash
789.0k NOK
107.7k NOK
-86.3%
Total assets
1.69m NOK
2.31m NOK
+36.7%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 5.26m NOK to 5.78m NOK (+9.8% YoY). Calculated
-
↑
Equity strengthened
Book equity 582.0k NOK → 729.5k NOK (equity ratio 34.5% → 31.6%). Calculated
What deteriorated
-
↓
Net result weakened
Net result +7.50m NOK → +647.5k NOK (net margin 142.5% → 11.2%). Calculated
-
↓
Cash fell
Bank deposits 789.0k NOK → 107.7k NOK (-86.3% YoY). Calculated