FirmaIQ
Org.nr 937 775 741 2016 → 2017 Year-over-year analysis

AERON AS: årsregnskap 2017 vs 2016

Shrank 46% on revenue, slipped into loss

approved 2018-03-12; registry 2018-07-11; journal 2018 668789

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AERON AS. Revenue 487.32m NOK → 261.86m NOK (-46.3%). Net result +7.77m NOK → -20.11m NOK. Equity 52.28m NOK → 37.73m NOK.

On the constructive side: owners injected capital; payroll decreased. Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AERON AS.

At a glance

Scorecard

Revenue
487.32m NOK 261.86m NOK
-46.3%
Net result
+7.77m NOK -20.11m NOK
-358.9%
Equity
52.28m NOK 37.73m NOK
-27.8%
Cash
6.85m NOK 3.79m NOK
-44.6%
Total assets
268.51m NOK 94.09m NOK
-65.0%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 85.61m NOK → 86.11m NOK (+501.5k NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 87.29m NOK → 86.37m NOK (18% → 33% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 487.32m NOK to 261.86m NOK (-46.3% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 7.77m NOK profit to a loss of 20.11m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 52.28m NOK → 37.73m NOK (equity ratio 19.5% → 40.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 6.85m NOK → 3.79m NOK (-44.6% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 14.36bn NOK → 3.17bn NOK (-77.9% YoY). Calculated