FirmaIQ
Org.nr 989 084 267 2019 → 2020 Year-over-year analysis

AIWELL HOLDING AS: årsregnskap 2020 vs 2019

Shrank 100% on revenue, returned to profit

approved 2021-05-03; registry 2021-06-10; journal 2021 283623

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AIWELL HOLDING AS. Revenue 500.0k NOK → 700 NOK (-99.9%). Net result -826 NOK → +6.18m NOK. Equity 9.75m NOK → 9.93m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AIWELL HOLDING AS.

At a glance

Scorecard

Revenue
500.0k NOK 700 NOK
-99.9%
Operating result
-35.6k NOK +205.9k NOK
+678.5%
Net result
-826 NOK +6.18m NOK
+747771.2%
Equity
9.75m NOK 9.93m NOK
+1.8%
Cash
4.59m NOK 4.96m NOK
+8.1%
Total assets
9.89m NOK 10.17m NOK
+2.9%

What improved

  • ↑

    Operating result improved

    Operating result -35.6k NOK → +205.9k NOK (op. margin -7.1% → 29417.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 826 NOK to a profit of 6.18m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 9.75m NOK → 9.93m NOK (equity ratio 98.6% → 97.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 4.59m NOK → 4.96m NOK (+8.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 500.0k NOK to 700 NOK (-99.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 4.49m NOK → 4.34m NOK. Reported fact