FirmaIQ
Org.nr 991 403 116 2018 → 2019 Year-over-year analysis

AIZOON AS: årsregnskap 2019 vs 2018

Shrank 59% on revenue, cash halved-plus

approved 2020-08-17; registry 2020-08-22; journal 2020 686362

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AIZOON AS. Revenue 711.4k NOK → 292.1k NOK (-58.9%). Net result -927.1k NOK → -1.06m NOK. Equity 23.17m NOK → 18.52m NOK.

Pressures included: revenue fell; net result weakened; equity eroded.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
711.4k NOK 292.1k NOK
-58.9%
Operating result
n/m -1.19m NOK
—
Net result
-927.1k NOK -1.06m NOK
-14.4%
Equity
23.17m NOK 18.52m NOK
-20.1%
Cash
982.3k NOK 54.3k NOK
-94.5%
Total assets
29.52m NOK 27.39m NOK
-7.2%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 711.4k NOK to 292.1k NOK (-58.9% YoY). Calculated

  • ↓

    Net result weakened

    Net result -927.1k NOK → -1.06m NOK (net margin -130.3% → -363.1%). Calculated

  • ↓

    Equity eroded

    Book equity 23.17m NOK → 18.52m NOK (equity ratio 78.5% → 67.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 982.3k NOK → 54.3k NOK (-94.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 12.83× → 0.76× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated