Org.nr 914 717 914 2017 → 2018 Year-over-year analysis

AITECH AS: årsregnskap 2018 vs 2017

Shrank 10% on revenue, slipped into loss

approved 2019-07-02; registry 2019-07-31; journal 2019 870144

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AITECH AS. Revenue 1.94m NOK → 1.75m NOK (-9.8%). Net result +5 426 NOK → -49.3k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

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

At a glance

Revenue

1.94m NOK 1.75m NOK

-9.8%

Operating result

+5 004 NOK -47.5k NOK

-1048.5%

Net result

+5 426 NOK -49.3k NOK

-1008.2%

Equity

31.4k NOK n/m

—

Cash

326.4k NOK 292.2k NOK

-10.5%

Total assets

447.4k NOK 387.2k NOK

-13.5%

↓
Revenue fell

Operating income / revenue moved from 1.94m NOK to 1.75m NOK (-9.8% YoY). Calculated
↓
Operating result weakened

Operating result +5 004 NOK → -47.5k NOK (op. margin 0.3% → -2.7%). Calculated
↓
Fell into a net loss

Net result flipped from 5 426 NOK profit to a loss of 49.3k NOK. Calculated
↓
Cash fell

Bank deposits 326.4k NOK → 292.2k NOK (-10.5% YoY). Calculated

·
COGS fell

COGS / varekostnad 423.7k NOK → 127.2k NOK (-70.0% YoY). Calculated