Org.nr 911 840 529 2017 → 2018 Year-over-year analysis

AICONDI AS: årsregnskap 2018 vs 2017

Shrank 36% on revenue, slipped into loss, cash halved-plus

approved 2019-03-19; registry 2019-07-02; journal 2019 642237

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for AICONDI AS. Revenue 119.5k NOK → 75.9k NOK (-36.5%). Net result +46.2k NOK → -20.8k NOK. Equity 53.8k NOK → 32.8k NOK.

On the constructive side: owners injected capital. Pressures included: revenue fell; operating result weakened; fell into a net loss.

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

Scorecard

Revenue
119.5k NOK 75.9k NOK
-36.5%
Operating result
+46.2k NOK -20.4k NOK
-144.2%
Net result
+46.2k NOK -20.8k NOK
-144.9%
Equity
53.8k NOK 32.8k NOK
-39.0%
Cash
18.1k NOK 7 747 NOK
-57.2%
Total assets
57.9k NOK 31.1k NOK
-46.3%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 30.0k NOK → 63.8k NOK (+33.8k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 119.5k NOK to 75.9k NOK (-36.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +46.2k NOK → -20.4k NOK (op. margin 38.7% → -26.9%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 46.2k NOK profit to a loss of 20.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 53.8k NOK → 32.8k NOK (equity ratio 92.9% → 105.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 18.1k NOK → 7 747 NOK (-57.2% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 12.2k NOK → 0 NOK (-100.0% YoY). Calculated