AEDES INVEST AS: årsregnskap 2017 vs 2016
Shrank 97% on revenue, weaker earnings
approved 2018-06-30; registry 2018-08-01; journal 2018 834405
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AEDES INVEST AS. Revenue 945.0k NOK → 25.0k NOK (-97.4%). Net result +786.0k NOK → +530.6k NOK. Equity 2.37m NOK → 1.46m NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AEDES INVEST AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 945.0k NOK to 25.0k NOK (-97.4% YoY). Calculated
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Operating result weakened
Operating result +922.7k NOK → +414.4k NOK (op. margin 97.6% → 1657.8%). Calculated
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Net result weakened
Net result +786.0k NOK → +530.6k NOK (net margin 83.2% → 2122.6%). Calculated
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Equity eroded
Book equity 2.37m NOK → 1.46m NOK (equity ratio 38.4% → 26.8%). Calculated
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Current ratio dropped below 1×
Current ratio 4.34× → 0.35× — 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 163.0k NOK → 297.5k NOK. Reported fact