AI INNOVATION CENTER AS: årsregnskap 2017 vs 2016
Cash halved-plus
approved 2018-05-09; registry 2019-06-04; journal 2019 373175
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AI INNOVATION CENTER AS. Revenue 0 NOK → 1 800 NOK. Net result +9 738 NOK → +5 979 NOK. Equity 14.9k NOK → 8 931 NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
0 NOK
1 800 NOK
—
Operating result
-12.7k NOK
-7 870 NOK
+38.2%
Net result
+9 738 NOK
+5 979 NOK
-38.6%
Equity
14.9k NOK
8 931 NOK
-40.1%
Cash
16.4k NOK
2 279 NOK
-86.1%
Total assets
21.2k NOK
8 931 NOK
-57.8%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 0 NOK to 1 800 NOK. Calculated
-
↑
Operating result improved
Operating result -12.7k NOK → -7 870 NOK. Calculated
What deteriorated
-
↓
Net result weakened
Net result +9 738 NOK → +5 979 NOK. Calculated
-
↓
Equity eroded
Book equity 14.9k NOK → 8 931 NOK (equity ratio 70.5% → 100.0%). Calculated
-
↓
Cash fell
Bank deposits 16.4k NOK → 2 279 NOK (-86.1% YoY). Calculated