AIDEA AS: årsregnskap 2017 vs 2016
Shrank 75% on revenue, slipped into loss, cash halved-plus
approved 2018-02-05; registry 2018-06-04; journal 2018 396103
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AIDEA AS. Revenue 274.0k NOK → 67.4k NOK (-75.4%). Net result +182.3k NOK → -179.6k NOK. Equity 215.7k NOK → 36.1k NOK.
Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AIDEA AS.
At a glance
Scorecard
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 274.0k NOK to 67.4k NOK (-75.4% YoY). Calculated
-
↓
Fell into a net loss
Net result flipped from 182.3k NOK profit to a loss of 179.6k NOK. Calculated
-
↓
Equity eroded
Book equity 215.7k NOK → 36.1k NOK (equity ratio 87.0% → 91.1%). Calculated
-
↓
Cash fell
Bank deposits 140.7k NOK → 33.6k NOK (-76.1% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 7 NOK → 37.2k NOK (0% → 55% of revenue). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 145.9k NOK → 100.0k NOK. Reported fact