AID INVEST AS: årsregnskap 2017 vs 2016
Weaker earnings, cash halved-plus
approved 2018-05-30; registry 2018-06-30; journal 2018 586500
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AID INVEST AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +13.35m NOK → +718.5k NOK. Equity 52.32m NOK → 50.54m NOK.
On the constructive side: operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AID INVEST AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -143.1k NOK → -120.4k NOK. Calculated
What deteriorated
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↓
Net result weakened
Net result +13.35m NOK → +718.5k NOK. Calculated
-
↓
Equity eroded
Book equity 52.32m NOK → 50.54m NOK (equity ratio 83.9% → 83.5%). Calculated
-
↓
Cash fell
Bank deposits 11.25m NOK → 1.80m NOK (-84.0% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (11.25m NOK → 1.80m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 10.6k NOK → 10.56m NOK. Reported fact