Org.nr 992 809 663 2017 → 2018 Year-over-year analysis

AEL INVEST AS: årsregnskap 2018 vs 2017

Shrank 100% on revenue, cash halved-plus

approved 2019-06-09; registry 2019-06-12; journal 2019 500035

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AEL INVEST AS. Revenue 388.0k NOK → 1 155 NOK (-99.7%). Equity 1.77m NOK → 2.90m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.

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

At a glance

Revenue

388.0k NOK 1 155 NOK

-99.7%

Equity

1.77m NOK 2.90m NOK

+63.5%

Cash

448.2k NOK 3 351 NOK

-99.3%

Total assets

1.83m NOK 4.16m NOK

+127.5%

↑
Equity strengthened

Book equity 1.77m NOK → 2.90m NOK (equity ratio 96.9% → 69.7%). Calculated

↓
Revenue fell

Operating income / revenue moved from 388.0k NOK to 1 155 NOK (-99.7% YoY). Calculated
↓
Cash fell

Bank deposits 448.2k NOK → 3 351 NOK (-99.3% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 14.80× → 0.13× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Book investments changed

Investment / intangible book value 1.00m NOK → 3.00m NOK. Reported fact