AIWELL AS: årsregnskap 2020 vs 2019
Shrank 10% on revenue, stronger earnings
approved 2021-04-12; registry 2021-04-24; journal 2021 204023
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AIWELL AS. Revenue 11.98m NOK → 10.73m NOK (-10.5%). Net result +1.63m NOK → +7.70m NOK. Equity 7.43m NOK → 7.78m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; cogs moved.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AIWELL AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +1.63m NOK → +7.70m NOK (net margin 13.6% → 71.8%). Calculated
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Equity strengthened
Book equity 7.43m NOK → 7.78m NOK (equity ratio 70.0% → 69.9%). Calculated
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Cash rose
Bank deposits 5.27m NOK → 5.68m NOK (+7.8% YoY). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 11.98m NOK to 10.73m NOK (-10.5% YoY). Calculated
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Operating result weakened
Operating result +1.96m NOK → +781.0k NOK (op. margin 16.4% → 7.3%). Calculated
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COGS moved
COGS / varekostnad 3.60m NOK → 3.65m NOK (+1.4% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 125.0k NOK → 175.8k NOK. Reported fact