Org.nr 920 052 681 2019 → 2020 Year-over-year analysis

AIVERO AS: årsregnskap 2020 vs 2019

Shrank 79% on revenue, weaker earnings, fresh owner capital

approved 2021-08-26; registry 2021-09-08; journal 2021 735579

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AIVERO AS. Revenue 410.5k NOK → 84.8k NOK (-79.3%). Net result -986.3k NOK → -2.46m NOK. Equity 5.54m NOK → 4.13m NOK.

On the constructive side: owners injected capital; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

Scorecard

Revenue
410.5k NOK 84.8k NOK
-79.3%
Operating result
-974.9k NOK -2.46m NOK
-152.1%
Net result
-986.3k NOK -2.46m NOK
-149.6%
Equity
5.54m NOK 4.13m NOK
-25.5%
Cash
2.52m NOK 2.17m NOK
-14.1%
Total assets
8.27m NOK 9.82m NOK
+18.8%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 543.4k NOK → 4.13m NOK (+3.59m NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 1298.33bn NOK → 9 NOK (316241765% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 410.5k NOK to 84.8k NOK (-79.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -974.9k NOK → -2.46m NOK (op. margin -237.5% → -2897.7%). Calculated

  • ↓

    Net result weakened

    Net result -986.3k NOK → -2.46m NOK (net margin -240.3% → -2902.6%). Calculated

  • ↓

    Equity eroded

    Book equity 5.54m NOK → 4.13m NOK (equity ratio 67.1% → 42.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.52m NOK → 2.17m NOK (-14.1% YoY). Calculated