AIVJU AS: årsregnskap 2019 vs 2018
Grew 15% on revenue
approved 2020-07-21; registry 2020-09-21; journal 2020 843460
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AIVJU AS. Revenue 5.67m NOK → 6.52m NOK (+15.0%). Net result +748.9k NOK → +790.5k NOK. Equity 347.1k NOK → 2.14m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AIVJU AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.67m NOK to 6.52m NOK (+15.0% YoY). Calculated
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↑
Net result improved
Net result +748.9k NOK → +790.5k NOK (net margin 13.2% → 12.1%). Calculated
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↑
Equity strengthened
Book equity 347.1k NOK → 2.14m NOK (equity ratio 61.4% → 69.0%). Calculated
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↑
Cash rose
Bank deposits 797.6k NOK → 2.20m NOK (+175.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +972.6k NOK → +16.0k NOK (op. margin 17.1% → 0.2%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.22m NOK → 1.73m NOK (22% → 27% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 77.9k NOK → 2.50m NOK (+3102.2% YoY). Calculated