AI LEASE AS: årsregnskap 2017 vs 2016
Grew 30% on revenue, cash halved-plus, fresh owner capital
approved 2018-02-13; registry 2018-07-09; journal 2018 648516
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AI LEASE AS. Revenue 12.71m NOK → 16.51m NOK (+29.9%). Net result +844 NOK → +6 672 NOK. Equity 55.78m NOK → 82.66m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AI LEASE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 12.71m NOK to 16.51m NOK (+29.9% YoY). Calculated
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Net result improved
Net result +844 NOK → +6 672 NOK (net margin 0.0% → 0.0%). Calculated
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Equity strengthened
Book equity 55.78m NOK → 82.66m NOK (equity ratio 48.2% → 34.6%). Calculated
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Owners injected capital
Paid-in equity rose 47.54m NOK → 68.13m NOK (+20.59m NOK). Reported fact
What deteriorated
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↓
Cash fell
Bank deposits 4.92m NOK → 10.9k NOK (-99.8% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.95× → 0.27× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (4.92m NOK → 10.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 15.05m NOK → 45.66m NOK. Reported fact