A. I. HOLDING AS: årsregnskap 2018 vs 2017
Returned to profit, cash halved-plus
approved 2019-06-29; registry 2019-07-25; journal 2019 789888
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A. I. HOLDING AS. Net result -216.0k NOK → +15.74m NOK. Equity 787.2k NOK → 15.87m NOK.
On the constructive side: turned profitable; equity strengthened; owners injected capital. Pressures included: operating result weakened; cash fell; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A. I. HOLDING AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 216.0k NOK to a profit of 15.74m NOK. Calculated
-
↑
Equity strengthened
Book equity 787.2k NOK → 15.87m NOK (equity ratio 19.4% → 93.2%). Calculated
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↑
Owners injected capital
Paid-in equity rose 787.2k NOK → 797.2k NOK (+10.0k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -77.0k NOK → -96.2k NOK. Calculated
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↓
Cash fell
Bank deposits 406.5k NOK → 139.3k NOK (-65.7% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 5.99× → 0.60× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 82.5k NOK → 14.34m NOK. Reported fact