AI INNOVATION CENTER AS: årsregnskap 2018 vs 2017
Shrank 100% on revenue, slipped into loss
approved 2019-03-31; registry 2019-05-13; journal 2019 366030
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AI INNOVATION CENTER AS. Revenue 1 800 NOK → 0 NOK (-100.0%). Net result +5 979 NOK → -1 284 NOK. Equity 8 931 NOK → 6 881 NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; fell into a net loss; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
1 800 NOK
0 NOK
-100.0%
Operating result
-7 870 NOK
-1 668 NOK
+78.8%
Net result
+5 979 NOK
-1 284 NOK
-121.5%
Equity
8 931 NOK
6 881 NOK
-23.0%
Cash
2 279 NOK
1 811 NOK
-20.5%
Total assets
8 931 NOK
8 856 NOK
-0.8%
What improved
-
↑
Operating result improved
Operating result -7 870 NOK → -1 668 NOK. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1 800 NOK to 0 NOK (-100.0% YoY). Calculated
-
↓
Fell into a net loss
Net result flipped from 5 979 NOK profit to a loss of 1 284 NOK. Calculated
-
↓
Equity eroded
Book equity 8 931 NOK → 6 881 NOK (equity ratio 100.0% → 77.7%). Calculated