Org.nr 918 440 445 2017 → 2018 Year-over-year analysis

AIC INTELLIGENT COMMUNICATION AS: årsregnskap 2018 vs 2017

Grew 306078% on revenue, cash halved-plus, fresh owner capital

approved 2019-05-29; registry 2019-07-11; journal 2019 683697

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for AIC INTELLIGENT COMMUNICATION AS. Revenue 1 041 NOK → 3.19m NOK (+306077.5%). Net result +273.3k NOK → +263.5k NOK. Equity 1.26m NOK → 1.52m NOK.

On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened; cash fell; current ratio dropped below 1×.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AIC INTELLIGENT COMMUNICATION AS.

Scorecard

Revenue
1 041 NOK 3.19m NOK
+306077.5%
Operating result
+133.8k NOK +126.7k NOK
-5.3%
Net result
+273.3k NOK +263.5k NOK
-3.6%
Equity
1.26m NOK 1.52m NOK
+20.9%
Cash
228.8k NOK 8 030 NOK
-96.5%
Total assets
3.91m NOK 11.54m NOK
+195.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 041 NOK to 3.19m NOK (+306077.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.26m NOK → 1.52m NOK (equity ratio 32.3% → 13.2%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1 NOK → 1.00m NOK (+1000.0k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +133.8k NOK → +126.7k NOK (op. margin 12852.6% → 4.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 228.8k NOK → 8 030 NOK (-96.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 382.18× → 0.45× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 728.9k NOK → 738.4k NOK (+1.3% YoY). Calculated