A.I.VENT AS: årsregnskap 2017 vs 2016
Grew 57% on revenue
approved 2018-05-31; registry 2018-06-09; journal 2018 437216
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A.I.VENT AS. Revenue 6.07m NOK → 9.54m NOK (+57.2%). Net result +388.2k NOK → +422.9k NOK. Equity 866.2k NOK → 289.2k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for A.I.VENT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.07m NOK to 9.54m NOK (+57.2% YoY). Calculated
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↑
Operating result improved
Operating result +412.1k NOK → +605.4k NOK (op. margin 6.8% → 6.3%). Calculated
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↑
Net result improved
Net result +388.2k NOK → +422.9k NOK (net margin 6.4% → 4.4%). Calculated
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↑
Cash rose
Bank deposits 513.0k NOK → 903.7k NOK (+76.2% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 866.2k NOK → 289.2k NOK (equity ratio 49.0% → 8.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 614.2k NOK → 856.9k NOK (+39.5% YoY). Calculated