AERNIE AS: årsregnskap 2017 vs 2016
Grew 70% on revenue, cash halved-plus
approved 2018-06-30; registry 2018-07-26; journal 2018 796966
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AERNIE AS. Revenue 68.9k NOK → 116.9k NOK (+69.7%). Equity 54.8k NOK → -1 780 NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AERNIE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 68.9k NOK to 116.9k NOK (+69.7% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 54.8k NOK → -1 780 NOK (equity ratio 68.6% → -8.6%). Calculated
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↓
Cash fell
Bank deposits 79.9k NOK → 16.7k NOK (-79.1% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.18× → 0.92× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -8.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 13.2k NOK → 35.9k NOK (+172.3% YoY). Calculated